£339,064
This estimated value is based upon the latest sale price for the house of £317,300 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £317,300 | 30 Jun 2021 |
| £250,000 | 29 Mar 2018 |
| £205,000 | 19 Jan 2007 |
| £180,000 | 14 Nov 2003 |
| £72,000 | 16 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 June 2021 the House Price Index for WORCESTERSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £317,300 results in an estimated price of approximately £339,064.
| 30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £317,300 | £21,764 | £339,064 |
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 | -3.154 % | £-10,007 | £307,292 |
| 3 Month Average | -21.185 % | £-67,219 | £250,080 |
| 6 Month Average | -13.698 % | £-43,464 | £273,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £275,207 | £270,000 | 1A KING EDWARD AVENUE |
| 25 Aug 2023 | £298,817 | £297,000 | 204 BROAD STREET |
| 21 Jun 2023 | £275,232 | £273,000 | 1B KING EDWARD AVENUE |
| 20 Mar 2023 | £257,894 | £256,500 | 3 KING EDWARD AVENUE |
| 29 Jul 2022 | £264,642 | £265,000 | 32 PERRYFIELDS CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 Mar 2017. Using an estimated price of £339,064 means this house is valued at £3,495 per sq meter (£324 per sq foot).
The average size of a house on KING EDWARD ROAD is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near King Edward Avenue |
| Mar 2024 | Drugs | Local resolution | On or near King Edward Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near King Edward Road |