£843,569
This estimated value is based upon the latest sale price for the house of £355,000 on 20 Jun 2003. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Westminster Road
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| Price Paid | Date |
|---|---|
| £355,000 | 20 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 June 2003 the House Price Index for WORCESTERSHIRE was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £355,000 results in an estimated price of approximately £843,569.
| 20 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £355,000 | £488,569 | £843,569 |
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 | 83.716 % | £297,192 | £652,192 |
| 3 Month Average | 98.497 % | £349,664 | £704,664 |
| 6 Month Average | 108.694 % | £385,864 | £740,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £252,190 | £250,000 | 64 WESTMINSTER ROAD |
| 26 Oct 2023 | £663,059 | £648,000 | 93 WELLS ROAD |
| 12 Oct 2023 | £199,532 | £195,000 | 60 WESTMINSTER ROAD |
| 22 Sep 2023 | £324,146 | £317,000 | CAMELLIA COTTAGE, 2 WESTMINSTER ROAD |
| 11 Sep 2023 | £521,496 | £510,000 | 94 WELLS ROAD |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 23 Apr 2018. Using an estimated price of £843,570 means this house is valued at £3,078 per sq meter (£286 per sq foot).
The average size of a house on HANLEY TERRACE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Westminster Road |
| Aug 2024 | Drugs | Under investigation | On or near King Edward'S Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beacon Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Beacon Road |