£234,489
This estimated value is based upon the latest sale price for the house of £137,500 on 25 May 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£137,500 | 25 May 2012 |
£149,950 | 7 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 618 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in May 2012 the House Price Index for WORCESTERSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £137,500 results in an estimated price of approximately £234,489.
25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £137,500 | £96,989 | £234,489 |
The Postcode Pricing Model uses changes in average sales price within the WR2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 58.314 % | £80,182 | £217,682 |
3 Month Average | 94.834 % | £130,396 | £267,896 |
6 Month Average | 71.704 % | £98,592 | £236,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £195,419 | £192,000 | 26 NELSON ROAD |
15 Dec 2023 | £142,493 | £140,000 | 25 INGLES DRIVE |
8 Sep 2023 | £198,539 | £196,000 | 37 NELSON ROAD |
22 Jun 2023 | £163,986 | £162,000 | 3 NELSON ROAD |
3 Feb 2023 | £104,929 | £105,000 | 22 LAPAL CLOSE |
This house has a floor area of 57 sq meters or 618 sq feet when measured on 5 Jan 2012. Using an estimated price of £234,489 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on INGLES DRIVE is 80 sq meters (870 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ingles Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Road |
Mar 2024 | Burglary | Under investigation | On or near Lapal Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapal Close |