£245,213
This estimated value is based upon the latest sale price for the house of £143,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,000 | 27 Jul 2012 |
| £125,000 | 14 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 857 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 July 2012 the House Price Index for WORCESTERSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £143,000 results in an estimated price of approximately £245,213.
| 27 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £143,000 | £102,213 | £245,213 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 70.599 % | £100,956 | £243,956 |
| 3 Month Average | 60.480 % | £86,486 | £229,486 |
| 6 Month Average | 63.620 % | £90,976 | £233,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £232,500 | £232,500 | 26 LAUREL AVENUE |
| 27 Oct 2023 | £266,042 | £260,000 | 13 LAUREL AVENUE |
| 2 Jun 2023 | £467,142 | £457,780 | 21 SYCAMORE AVENUE |
| 14 Jul 2022 | £414,150 | £410,000 | 21A SYCAMORE AVENUE |
| 27 Apr 2022 | £423,268 | £408,000 | 21B SYCAMORE AVENUE |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 27 Feb 2012. Using an estimated price of £245,213 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on LAUREL AVENUE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowan Close |
| Oct 2024 | Anti-social behaviour | On or near Sycamore Avenue | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jul 2024 | Anti-social behaviour | On or near Shopping Area |