£279,034
This estimated value is based upon the latest sale price for the house of £235,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 30 Sep 2020 |
| £153,500 | 23 May 2008 |
| £137,500 | 19 May 2006 |
| £111,000 | 14 Feb 2003 |
| £57,500 | 30 Jun 1998 |
| £47,000 | 17 Apr 1997 |
| £27,000 | 28 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £235,000 results in an estimated price of approximately £279,034.
| 30 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £235,000 | £44,034 | £279,034 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | 29.667 % | £69,717 | £304,717 |
| 3 Month Average | 1.184 % | £2,782 | £237,782 |
| 6 Month Average | 10.977 % | £25,795 | £260,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £220,768 | £217,500 | 167 STOURBRIDGE ROAD |
| 6 Jul 2023 | £192,592 | £190,000 | 57 BEWELL HEAD |
| 24 Mar 2023 | £247,330 | £245,000 | 177 STOURBRIDGE ROAD |
| 20 Jan 2023 | £368,265 | £370,000 | 159 STOURBRIDGE ROAD |
| 14 Jul 2022 | £336,406 | £335,500 | 9 ORCHARD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Jun 2020. Using an estimated price of £279,035 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on ORCHARD ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orchard Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Orchard Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Orchard Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Orchard Road |