£484,603
This estimated value is based upon the latest sale price for the house of £385,000 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £385,000 | 12 Feb 2018 |
| £145,000 | 15 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 February 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £385,000 results in an estimated price of approximately £484,603.
| 12 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £385,000 | £99,603 | £484,603 |
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 | -4.476 % | £-17,233 | £367,766 |
| 3 Month Average | 20.558 % | £79,147 | £464,147 |
| 6 Month Average | 27.512 % | £105,920 | £490,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £645,000 | £645,000 | SWIFTS RISE, 115 WEST MALVERN ROAD |
| 19 Dec 2023 | £417,839 | £405,000 | 20 LOWER ROAD |
| 8 Dec 2023 | £660,289 | £640,000 | 123 WEST MALVERN ROAD |
| 7 Dec 2023 | £747,984 | £725,000 | 68 LOWER ROAD |
| 26 Jun 2023 | £275,521 | £270,000 | 29 LOWER ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 5 Aug 2015. Using an estimated price of £484,603 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on LOWER ROAD is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ebrington Road |
| Sep 2024 | Other theft | Under investigation | On or near Ebrington Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ebrington Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Camp Hill |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lamb Bank |