£230,575
This estimated value is based upon the latest sale price for the house of £175,000 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 24 Nov 2016 |
| £160,000 | 31 May 2016 |
| £140,000 | 5 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2016 the House Price Index for WORCESTERSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £175,000 results in an estimated price of approximately £230,575.
| 24 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £175,000 | £55,575 | £230,575 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -53.554 % | £-93,720 | £81,279 |
| 3 Month Average | -13.304 % | £-23,282 | £151,717 |
| 6 Month Average | 3.624 % | £6,341 | £181,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £506,499 | £499,000 | 5 BARBOURNE COURT BARBOURNE CRESCENT |
| 9 Aug 2023 | £378,310 | £375,000 | 18 SELBORNE ROAD WEST |
| 26 Apr 2023 | £333,592 | £330,000 | 11 STEPHENSON ROAD |
| 30 Sep 2022 | £153,758 | £155,000 | FLAT 9 TREDENNYKE HOUSE BARBOURNE TERRACE |
| 16 May 2022 | £458,642 | £450,000 | 37 SOMERS ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 27 Jun 2012. Using an estimated price of £230,576 means this house is valued at £2,058 per sq meter (£191 per sq foot).
The average size of a house on STEPHENSON ROAD is 145 sq meters (1,568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Langdale Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Langdale Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fountain Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fountain Place |
| Mar 2024 | Anti-social behaviour | On or near Lower Barbourne Terrace |