£226,077
This estimated value is based upon the latest sale price for the house of £222,000 on 18 Aug 2023. 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 Ledwych Road
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Price Paid | Date |
---|---|
£222,000 | 18 Aug 2023 |
£125,000 | 19 Aug 2009 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 August 2023 the House Price Index for WORCESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £222,000 results in an estimated price of approximately £226,077.
18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £222,000 | £4,077 | £226,077 |
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 | -22.225 % | £-49,340 | £172,659 |
3 Month Average | 1.123 % | £2,492 | £224,492 |
6 Month Average | 4.809 % | £10,675 | £232,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £226,078 | £222,000 | 33 LEDWYCH ROAD |
25 Aug 2022 | £271,273 | £270,005 | 30 LEDWYCH ROAD |
8 Jul 2022 | £343,441 | £340,000 | 42 VERNON GROVE |
1 Jul 2022 | £389,402 | £385,500 | 10 WESTMEAD CLOSE |
1 Apr 2022 | £223,564 | £215,500 | 32 VERNON GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 17 Jul 2020. Using an estimated price of £226,078 means this house is valued at £3,767 per sq meter (£350 per sq foot).
The average size of a house on LEDWYCH ROAD is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Under investigation | On or near Ledwych Road |
Jun 2024 | Anti-social behaviour | On or near Westmead Close | |
Jun 2024 | Anti-social behaviour | On or near Westmead Close | |
Jun 2024 | Anti-social behaviour | On or near Westmead Close | |
Jun 2024 | Anti-social behaviour | On or near Westmead Close |