£112,121
This estimated value is based upon the latest sale price for the house of £75,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 8 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £75,000 results in an estimated price of approximately £112,121.
| 8 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £75,000 | £37,121 | £112,121 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 53.267 % | £39,949 | £114,949 |
| 3 Month Average | 53.004 % | £39,753 | £114,753 |
| 6 Month Average | 54.338 % | £40,753 | £115,753 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Mar 2015.
The average size of a house on WORCESTER ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Worcester Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Worcester Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hereford Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Hereford Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereford Road |