£275,116
This estimated value is based upon the latest sale price for the house of £218,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 27 Oct 2017 |
| £225,000 | 6 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 812 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 2017 the House Price Index for WORCESTERSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £218,000 results in an estimated price of approximately £275,116.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £218,000 | £57,116 | £275,116 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -8.136 % | £-17,736 | £200,263 |
| 3 Month Average | 10.823 % | £23,593 | £241,593 |
| 6 Month Average | 31.402 % | £68,455 | £286,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £408,574 | £405,000 | 4 THE OAKLANDS |
| 11 Aug 2023 | £171,500 | £170,000 | APARTMENT 1 EVERTON HOUSE, 224 WORCESTER ROAD |
| 31 Jul 2023 | £239,321 | £236,100 | 15 PRINCES AVENUE |
| 6 Jan 2023 | £507,609 | £510,000 | 221 WORCESTER ROAD |
| 4 Nov 2022 | £306,290 | £310,000 | 21 PRINCES AVENUE |
This house has a floor area of 75 sq meters or 812 sq feet when measured on 14 Apr 2010. Using an estimated price of £275,116 means this house is valued at £3,643 per sq meter (£338 per sq foot).
The average size of a house on OAKLAND AVENUE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Florence Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Florence Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Lawley Way |