£661,799
This estimated value is based upon the latest sale price for the house of £645,000 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £645,000 | 27 Nov 2023 |
| £356,000 | 29 Jul 2009 |
| £140,000 | 30 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,741 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 November 2023 the House Price Index for WORCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £645,000 results in an estimated price of approximately £661,799.
| 27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £645,000 | £16,799 | £661,799 |
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 | 30.895 % | £199,273 | £844,273 |
| 3 Month Average | -6.425 % | £-41,441 | £603,558 |
| 6 Month Average | -2.812 % | £-18,136 | £626,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £240,000 | £240,000 | SUMMERFIELD HOLYWELL ROAD |
| 9 Apr 2024 | £680,913 | £675,000 | 18 OAKLANDS |
| 6 Dec 2023 | £474,583 | £460,000 | LAUREL COTTAGE HOLYWELL ROAD |
| 29 Nov 2023 | £273,954 | £267,000 | FLAT 12 LEAMINGTON COURT WELLS ROAD |
| 27 Nov 2023 | £661,799 | £645,000 | 225A WELLS ROAD |
This house has a floor area of 161 sq meters or 1,741 sq feet when measured on 13 Feb 2009. Using an estimated price of £661,799 means this house is valued at £4,090 per sq meter (£379 per sq foot).
The average size of a house on WELLS ROAD is 160 sq meters (1,730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Claremont Court |
| Oct 2024 | Burglary | Under investigation | On or near Benbow Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Benbow Close |