£342,785
This estimated value is based upon the latest sale price for the house of £335,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 16 Oct 2023 |
| £265,000 | 15 Nov 2021 |
| £103,000 | 24 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2023 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £335,000 results in an estimated price of approximately £342,785.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £335,000 | £7,785 | £342,785 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | -28.071 % | £-94,037 | £240,962 |
| 3 Month Average | -13.592 % | £-45,533 | £289,466 |
| 6 Month Average | -2.644 % | £-8,858 | £326,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £340,000 | £340,000 | 30 LYDES ROAD |
| 16 Oct 2023 | £342,785 | £335,000 | 18 POUND BANK ROAD |
| 29 Sep 2023 | £162,584 | £159,000 | FLAT 5 ETONHURST UPPER CHASE ROAD |
| 27 Jul 2022 | £313,138 | £310,000 | 31 POUND BANK ROAD |
| 1 Jun 2022 | £260,570 | £255,000 | 45 POUND BANK ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Nov 2019. Using an estimated price of £342,785 means this house is valued at £3,725 per sq meter (£346 per sq foot).
The average size of a house on POUND BANK ROAD is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Lower Chase Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lower Chase Road |