£2,270,070
This estimated value is based upon the latest sale price for the house of £480,000 on 30 Jun 1998. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 30 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,410 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 June 1998 the House Price Index for WORCESTERSHIRE was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £480,000 results in an estimated price of approximately £2,270,070.
| 30 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £480,000 | £1,790,070 | £2,270,070 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 232.249 % | £1,114,795 | £1,594,795 |
| 3 Month Average | 271.949 % | £1,305,355 | £1,785,355 |
| 6 Month Average | 257.287 % | £1,234,979 | £1,714,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £8,363,878 | £8,106,873 | BORDESLEY HALL THE HOLLOWAY |
| 22 Nov 2023 | £395,027 | £385,000 | 314 BIRMINGHAM ROAD |
| 12 Oct 2023 | £409,296 | £400,000 | 395 BIRMINGHAM ROAD |
| 5 Apr 2023 | £514,626 | £505,000 | 134 REDDITCH ROAD |
| 15 Jul 2022 | £530,566 | £525,250 | 423 BIRMINGHAM ROAD |
This house has a floor area of 223 sq meters or 2,410 sq feet when measured on 13 Aug 2011. Using an estimated price of £2,270,071 means this house is valued at £10,136 per sq meter (£941 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Birmingham Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Oct 2024 | Vehicle crime | Under investigation | On or near Petrol Station |