£198,361
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Oct 2021 |
| £128,000 | 25 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 October 2021 the House Price Index for WORCESTERSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £180,000 results in an estimated price of approximately £198,361.
| 15 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £180,000 | £18,361 | £198,361 |
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 | 85.964 % | £154,734 | £334,734 |
| 3 Month Average | 19.057 % | £34,302 | £214,302 |
| 6 Month Average | 17.347 % | £31,223 | £211,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £221,276 | £218,000 | 11 LANGLAND AVENUE |
| 19 Apr 2023 | £111,197 | £110,000 | 23 OAK CRESCENT |
| 15 Feb 2023 | £237,377 | £238,500 | 28 ORFORD WAY |
| 6 Jan 2023 | £243,851 | £245,000 | 15 SHERRARDS GREEN ROAD |
| 30 Sep 2022 | £256,876 | £260,000 | 27 ORFORD WAY |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 21 Jul 2021. Using an estimated price of £199,166 means this house is valued at £4,237 per sq meter (£393 per sq foot).
The average size of a house on SHERRARDS GREEN ROAD is 87 sq meters (937 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Madresfield Road |
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Madresfield Road |