£341,850
This estimated value is based upon the latest sale price for the house of £335,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 23 Jun 2023 |
| £250,000 | 19 May 2017 |
| £241,500 | 8 Sep 2008 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2023 the House Price Index for WORCESTERSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £335,000 results in an estimated price of approximately £341,850.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £335,000 | £6,850 | £341,850 |
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 | 0.721 % | £2,416 | £337,416 |
| 3 Month Average | 8.229 % | £27,566 | £362,566 |
| 6 Month Average | 16.214 % | £54,316 | £389,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2024 | £185,600 | £185,600 | 31 SCHOOL ROAD |
| 29 Apr 2024 | £355,084 | £352,000 | SHEERCHANCE MALINSHILL ROAD |
| 1 Nov 2023 | £251,381 | £245,000 | 12 CLARKS HILL RISE |
| 23 Jun 2023 | £341,851 | £335,000 | 43 SCHOOL ROAD |
| 24 Mar 2023 | £315,265 | £310,000 | 15 HIGHFIELD ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 Oct 2016. Using an estimated price of £341,851 means this house is valued at £2,972 per sq meter (£276 per sq foot).
The average size of a house on SCHOOL ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highfield Road |
| Sep 2024 | Anti-social behaviour | On or near School Road | |
| Sep 2024 | Anti-social behaviour | On or near School Road | |
| Aug 2024 | Anti-social behaviour | On or near Malinshill Road | |
| Aug 2024 | Anti-social behaviour | On or near Malinshill Road |