£174,583
This estimated value is based upon the latest sale price for the house of £110,000 on 4 Mar 2008. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 4 Mar 2008 |
| £83,000 | 30 Mar 2007 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 2008 the House Price Index for WORCESTERSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £110,000 results in an estimated price of approximately £174,583.
| 4 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £110,000 | £64,583 | £174,583 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 26.494 % | £29,143 | £139,143 |
| 3 Month Average | 41.649 % | £45,813 | £155,813 |
| 6 Month Average | 50.169 % | £55,186 | £165,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £113,487 | £110,000 | APARTMENT 5 PROSPECT VIEW CLIVE ROAD |
| 1 Dec 2023 | £128,963 | £125,000 | APARTMENT 4 PROSPECT VIEW CLIVE ROAD |
| 31 Aug 2023 | £120,167 | £118,000 | APARTMENT 10 RYLAND HOUSE HEWELL ROAD |
| 4 Aug 2023 | £66,194 | £65,000 | 55 GLOUCESTER CLOSE |
| 30 Jun 2023 | £128,577 | £126,000 | 78 GLOUCESTER CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Oct 2013. Using an estimated price of £174,583 means this house is valued at £1,857 per sq meter (£172 per sq foot).
The average size of a house on MELEN STREET is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Melen Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Melen Street |
| May 2024 | Public order | Unable to prosecute suspect | On or near Melen Street |
| Apr 2024 | Public order | Under investigation | On or near Melen Street |
| Jul 2024 | Public order | Under investigation | On or near Pioneer Close |