£235,101
This estimated value is based upon the latest sale price for the house of £198,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £198,000 | 25 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £198,000 results in an estimated price of approximately £235,101.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £198,000 | £37,101 | £235,101 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 295.618 % | £585,324 | £783,324 |
| 3 Month Average | 33.630 % | £66,588 | £264,588 |
| 6 Month Average | 19.830 % | £39,263 | £237,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £227,995 | £226,000 | 3 BALMORAL CLOSE |
| 11 Aug 2023 | £675,913 | £670,000 | 3B CROFT ROAD |
| 27 Jun 2023 | £244,967 | £242,000 | 41 WINDSOR ROAD |
| 20 Apr 2023 | £621,694 | £615,000 | WYNSUM, 3A CROFT ROAD |
| 25 Jul 2022 | £496,336 | £495,000 | 7 CROFT ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 28 Jan 2016. Using an estimated price of £235,102 means this house is valued at £2,671 per sq meter (£248 per sq foot).
The average size of a house on BALMORAL CLOSE is 90 sq meters (970 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Princess Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Princess Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Princess Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Princess Road |