£212,322
This estimated value is based upon the latest sale price for the house of £207,500 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£207,500 | 27 Oct 2023 |
£130,000 | 6 Dec 2013 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 953 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 2023 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 £207,500 results in an estimated price of approximately £212,322.
27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £207,500 | £4,822 | £212,322 |
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 | -28.071 % | £-58,247 | £149,252 |
3 Month Average | -13.592 % | £-28,203 | £179,296 |
6 Month Average | -2.644 % | £-5,487 | £202,012 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 May 2024 | £375,000 | £375,000 | 12 HAMPDEN ROAD |
29 Apr 2024 | £216,883 | £215,000 | 43 REDLAND ROAD |
26 Mar 2024 | £228,511 | £225,000 | 28 REDLAND ROAD |
21 Mar 2024 | £274,213 | £270,000 | 34 CROMWELL ROAD |
21 Mar 2024 | £309,759 | £305,000 | 18 CROMWELL ROAD |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 7 Apr 2011. Using an estimated price of £212,322 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on REDLAND ROAD is 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Redland Road | |
Jul 2024 | Anti-social behaviour | On or near Redland Road | |
Jul 2024 | Anti-social behaviour | On or near Redland Road | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Redland Road |
Jul 2024 | Anti-social behaviour | On or near Redland Road |