£284,755
This estimated value is based upon the latest sale price for the house of £280,000 on 17 Mar 2023. 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 Summer Street
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| Price Paid | Date |
|---|---|
| £280,000 | 17 Mar 2023 |
| £193,000 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2023 the House Price Index for WORCESTERSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £280,000 results in an estimated price of approximately £284,755.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £280,000 | £4,755 | £284,755 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | -29.086 % | £-81,440 | £198,559 |
| 3 Month Average | -1.537 % | £-4,303 | £275,696 |
| 6 Month Average | -6.321 % | £-17,697 | £262,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Oct 2024 | £205,000 | £205,000 | 54 CROWN STREET |
| 15 Dec 2023 | £232,133 | £225,000 | 60 ADDISON ROAD |
| 4 Dec 2023 | £350,779 | £340,000 | 27 ADDISON ROAD |
| 27 Oct 2023 | £240,461 | £235,000 | 78 CROWN STREET |
| 14 Jun 2023 | £306,135 | £300,000 | 17 ADDISON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Aug 2019. Using an estimated price of £284,755 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on ADDISON ROAD is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Summer Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hardy Court |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Hardy Court |
| Aug 2024 | Other theft | Under investigation | On or near Hardy Court |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Adelaide Close |