£105,214
This estimated value is based upon the latest sale price for the house of £86,366 on 1 May 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Shopping Area
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| Price Paid | Date |
|---|---|
| £86,366 | 1 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 2020 the House Price Index for WORCESTERSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £86,366 results in an estimated price of approximately £105,214.
| 1 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £86,366 | £18,848 | £105,214 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 219.924 % | £189,939 | £276,305 |
| 3 Month Average | 30.013 % | £25,920 | £112,286 |
| 6 Month Average | 34.894 % | £30,136 | £116,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £132,808 | £132,000 | FLAT 5 ORIEL HOUSE, 46 WORCESTER ROAD |
| 27 Jun 2023 | £160,300 | £159,000 | FLAT 9 ORIEL HOUSE, 46 WORCESTER ROAD |
| 23 Jun 2022 | £343,481 | £340,000 | 3 EDITH WALK |
| 9 May 2022 | £126,886 | £125,000 | FLAT 8 ORIEL HOUSE, 46 WORCESTER ROAD |
| 14 Apr 2022 | £143,590 | £140,000 | FLAT 6 BELLE VUE MANSIONS, 16 BELLE VUE TERRACE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 16 Sep 2019. Using an estimated price of £105,215 means this house is valued at £891 per sq meter (£82 per sq foot).
The average size of a house on WORCESTER ROAD is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |