£122,788
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Feb 2024. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Feb 2024 |
| £70,000 | 1 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 337 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 2024 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £120,000 results in an estimated price of approximately £122,788.
| 23 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £120,000 | £2,788 | £122,788 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 6.070 % | £7,284 | £127,284 |
| 3 Month Average | -8.559 % | £-10,271 | £109,728 |
| 6 Month Average | -14.447 % | £-17,336 | £102,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £110,300 | £107,500 | FLAT 5 NORBURY HOUSE FRIAR STREET |
| 22 Mar 2023 | £104,241 | £102,500 | 1 VINES MEWS |
| 15 Mar 2022 | £103,349 | £99,000 | FLAT 317 NORBURY HOUSE FRIAR STREET |
| 12 Nov 2021 | £92,064 | £84,500 | 29 VINES MEWS |
| 30 Apr 2020 | £284,433 | £230,000 | 10 VINES LANE |
This house has a floor area of 31 sq meters or 337 sq feet when measured on 13 Oct 2009.
The average size of a house on VINES MEWS is 47 sq meters (507 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near River Mews |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near River Mews |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near River Mews |
| Jul 2024 | Anti-social behaviour | On or near Priory Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Priory Gardens |