£166,126
This estimated value is based upon the latest sale price for the house of £135,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 16 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2019 the House Price Index for WORCESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £135,000 results in an estimated price of approximately £166,126.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £135,000 | £31,126 | £166,126 |
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 | 36.884 % | £49,793 | £184,793 |
| 3 Month Average | 42.315 % | £57,125 | £192,125 |
| 6 Month Average | 27.148 % | £36,650 | £171,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £275,000 | £275,000 | 130 COMER ROAD |
| 8 Dec 2023 | £277,353 | £272,500 | 15 ARROWSMITH AVENUE |
| 30 Nov 2023 | £239,546 | £236,000 | 16 MELROSE CLOSE |
| 17 Nov 2023 | £253,757 | £250,000 | 13 HENWICK AVENUE |
| 22 Aug 2023 | £257,251 | £255,000 | 45 HENWICK AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Sep 2020. Using an estimated price of £166,126 means this house is valued at £2,215 per sq meter (£205 per sq foot).
The average size of a house on HENWICK AVENUE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Melrose Close |
| Dec 2023 | Anti-social behaviour | On or near Melrose Close | |
| Dec 2023 | Anti-social behaviour | On or near Melrose Close | |
| Dec 2023 | Anti-social behaviour | On or near Melrose Close |