£287,066
This estimated value is based upon the latest sale price for the house of £231,000 on 11 Dec 2018. 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 Bromsgrove Road
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| Price Paid | Date |
|---|---|
| £231,000 | 11 Dec 2018 |
| £187,000 | 31 May 2007 |
| £149,000 | 6 Jun 2006 |
| £85,000 | 25 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2018 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £231,000 results in an estimated price of approximately £287,066.
| 11 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £231,000 | £56,066 | £287,066 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | -14.846 % | £-34,293 | £196,706 |
| 3 Month Average | -2.693 % | £-6,220 | £224,779 |
| 6 Month Average | 14.126 % | £32,630 | £263,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £232,133 | £225,000 | 4 WILLOW WAY |
| 10 Nov 2023 | £333,465 | £325,000 | 180 BROMSGROVE ROAD |
| 17 Jan 2022 | £315,939 | £298,000 | 144 BROMSGROVE ROAD |
| 11 Jan 2022 | £174,933 | £165,000 | 29 PRIORS OAK |
| 6 Jan 2022 | £260,809 | £246,000 | 197 BROMSGROVE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Apr 2018. Using an estimated price of £287,066 means this house is valued at £3,417 per sq meter (£317 per sq foot).
The average size of a house on BROMSGROVE ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Bromsgrove Road | |
| Jul 2024 | Burglary | Under investigation | On or near Bromsgrove Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bromsgrove Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bromsgrove Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bromsgrove Road |