£194,961
This estimated value is based upon the latest sale price for the house of £140,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 13 Nov 2015 |
| £39,000 | 25 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 November 2015 the House Price Index for WORCESTERSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £140,000 results in an estimated price of approximately £194,961.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £140,000 | £54,961 | £194,961 |
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 | 28.405 % | £39,766 | £179,766 |
| 3 Month Average | 39.725 % | £55,615 | £195,615 |
| 6 Month Average | 33.516 % | £46,922 | £186,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £258,303 | £255,000 | 10 BISHOPS AVENUE |
| 24 Feb 2023 | £299,798 | £300,000 | 16 ABBERLEY VIEW |
| 23 Aug 2022 | £234,369 | £235,000 | 19 BIRCHFIELD CLOSE |
| 10 Mar 2022 | £290,153 | £280,000 | 6 BIRCHFIELD CLOSE |
| 8 Mar 2022 | £279,791 | £270,000 | 15 BIRCHFIELD CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 2 Sep 2015. Using an estimated price of £194,962 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on BISHOPS AVENUE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bishops Avenue |
| Mar 2024 | Anti-social behaviour | On or near Abberley View |