£531,721
This estimated value is based upon the latest sale price for the house of £520,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 1 Sep 2023 |
| £275,000 | 10 Jul 2015 |
| £265,000 | 1 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 September 2023 the House Price Index for WORCESTERSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £520,000 results in an estimated price of approximately £531,721.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £520,000 | £11,721 | £531,721 |
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 | -29.900 % | £-155,478 | £364,521 |
| 3 Month Average | -9.071 % | £-47,168 | £472,831 |
| 6 Month Average | -1.109 % | £-5,764 | £514,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2024 | £330,000 | £330,000 | 12 RED EARL LANE |
| 13 Dec 2023 | £518,946 | £503,000 | 24 HASTINGS ROAD |
| 5 Oct 2023 | £475,807 | £465,000 | 4 WYE AVENUE |
| 6 Sep 2023 | £434,580 | £425,000 | 4 WYKEWANE |
| 1 Sep 2023 | £531,721 | £520,000 | 32 HASTINGS ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 14 Dec 2010. Using an estimated price of £531,721 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on HASTINGS ROAD is 126 sq meters (1,364 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Hastings Road |
| Jul 2024 | Other theft | Under investigation | On or near Windrush Crescent |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Drive |