£505,718
This estimated value is based upon the latest sale price for the house of £490,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£490,000 | 31 Mar 2022 |
£330,500 | 19 Aug 2016 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 March 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £490,000 results in an estimated price of approximately £505,718.
31 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.0 | 3.208 % | £490,000 | £15,718 | £505,718 |
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 | -51.649 % | £-253,080 | £236,919 |
3 Month Average | 9.016 % | £44,177 | £534,177 |
6 Month Average | 11.819 % | £57,914 | £547,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £411,281 | £403,500 | 10 MORELAND ROAD |
5 Dec 2023 | £545,317 | £535,000 | 14 MINTER AVENUE |
4 Aug 2023 | £221,346 | £220,000 | 48A OLD COACH ROAD |
16 Mar 2023 | £427,310 | £425,000 | 32 OLD COACH ROAD |
25 Jan 2023 | £431,212 | £435,000 | 1 BLACKFRIARS AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 31 May 2016. Using an estimated price of £505,718 means this house is valued at £4,556 per sq meter (£423 per sq foot).
The average size of a house on RIPPLE ROAD is 148 sq meters (1,602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Coach Road |
Mar 2024 | Anti-social behaviour | On or near Old Coach Road | |
Mar 2024 | Anti-social behaviour | On or near Old Coach Road | |
Mar 2024 | Anti-social behaviour | On or near Moreland Road | |
Mar 2024 | Anti-social behaviour | On or near Moreland Road |