£540,320
This estimated value is based upon the latest sale price for the house of £425,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 20 Oct 2017 |
| £200,000 | 28 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 October 2017 the House Price Index for WORCESTERSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £425,000 results in an estimated price of approximately £540,320.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £425,000 | £115,320 | £540,320 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 12.686 % | £53,913 | £478,913 |
| 3 Month Average | 29.859 % | £126,899 | £551,899 |
| 6 Month Average | 30.602 % | £130,060 | £555,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £290,000 | £290,000 | 38 VICTORIA STREET |
| 27 Mar 2024 | £140,153 | £138,000 | 35 VICTORIA STREET |
| 14 Nov 2023 | £598,184 | £583,000 | 54 PARK AVENUE |
| 11 Oct 2023 | £457,900 | £447,500 | 8 KEPAX GARDENS |
| 18 Sep 2023 | £572,623 | £560,000 | 22 PARK AVENUE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 13 Jul 2016. Using an estimated price of £540,320 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on PARK AVENUE is 150 sq meters (1,617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Ivy Street |
| Oct 2024 | Anti-social behaviour | On or near Lavender Road | |
| Oct 2024 | Anti-social behaviour | On or near Lavender Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Street |