£389,383
This estimated value is based upon the latest sale price for the house of £250,000 on 1 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Back Lane
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| Price Paid | Date |
|---|---|
| £250,000 | 1 May 2014 |
| £345,000 | 1 Oct 2007 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 53 sq meters or 577 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 May 2014 the House Price Index for WORCESTERSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £250,000 results in an estimated price of approximately £389,383.
| 1 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £250,000 | £139,383 | £389,383 |
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 | 23.732 % | £59,329 | £309,329 |
| 3 Month Average | 36.597 % | £91,493 | £341,493 |
| 6 Month Average | 48.118 % | £120,295 | £370,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £285,000 | £285,000 | FLAT 12 GRAHAM COURT, 80 GRAHAM ROAD |
| 30 Oct 2023 | £3,224,229 | £3,151,000 | 9 VICTORIA ROAD |
| 2 Jun 2023 | £202,049 | £198,000 | APARTMENT 4 SPRINGFIELD LODGE, 52 GRAHAM ROAD |
| 28 Apr 2023 | £317,947 | £312,000 | FLAT 4 GRAHAM COURT GRAHAM ROAD |
| 11 Apr 2023 | £183,431 | £180,000 | FLAT 3 KENSINGTON HOUSE, 53 GRAHAM ROAD |
This house has a floor area of 53 sq meters or 577 sq feet when measured on 23 Jan 2009. Using an estimated price of £389,383 means this house is valued at £7,257 per sq meter (£674 per sq foot).
The average size of a house on GRAHAM ROAD is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Back Lane | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Back Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Graham Road |