£1,345,096
This estimated value is based upon the latest sale price for the house of £870,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £870,000 | 30 May 2014 |
| £675,000 | 29 Feb 2008 |
| Detached |
| Freehold |
| Floor Area: 311 sq meters or 3,347 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 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £870,000 results in an estimated price of approximately £1,345,096.
| 30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £870,000 | £475,096 | £1,345,096 |
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 | -60.230 % | £-524,001 | £345,998 |
| 3 Month Average | -1.902 % | £-16,547 | £853,452 |
| 6 Month Average | 32.375 % | £281,664 | £1,151,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £912,987 | £905,000 | 4 BRITANNIA SQUARE |
| 23 Jun 2023 | £146,778 | £145,000 | 14 KING EDMUNDS SQUARE |
| 16 Jun 2023 | £156,901 | £155,000 | 16 KING EDMUNDS SQUARE |
| 28 Nov 2022 | £533,537 | £540,000 | 10 BRITANNIA SQUARE |
| 19 Aug 2022 | £149,597 | £150,000 | 21 MOOR STREET |
This house has a floor area of 311 sq meters or 3,347 sq feet when measured on 27 Nov 2012. Using an estimated price of £1,345,097 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on BRITANNIA SQUARE is 176 sq meters (1,904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Back Lane South |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Back Lane South |
| Mar 2024 | Public order | Under investigation | On or near Back Lane South |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Back Lane South |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Lane South |