£198,538
This estimated value is based upon the latest sale price for the house of £196,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £196,000 | 8 Sep 2023 |
| £150,000 | 14 Dec 2016 |
| £136,850 | 26 Aug 2011 |
| £53,650 | 27 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £196,000 results in an estimated price of approximately £198,538.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £196,000 | £2,538 | £198,538 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 150.925 % | £295,813 | £491,813 |
| 3 Month Average | 37.673 % | £73,839 | £269,839 |
| 6 Month Average | 13.626 % | £26,706 | £222,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £195,419 | £192,000 | 26 NELSON ROAD |
| 15 Dec 2023 | £142,493 | £140,000 | 25 INGLES DRIVE |
| 8 Sep 2023 | £198,539 | £196,000 | 37 NELSON ROAD |
| 22 Jun 2023 | £163,986 | £162,000 | 3 NELSON ROAD |
| 29 Jul 2022 | £268,723 | £268,000 | 51 NELSON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Mar 2015. Using an estimated price of £198,539 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on NELSON ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bromyard Terrace |
| Jan 2024 | Drugs | Under investigation | On or near Bromyard Terrace |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bromyard Terrace |
| Jan 2024 | Anti-social behaviour | On or near Bromyard Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Bromyard Terrace |