£520,256
This estimated value is based upon the latest sale price for the house of £418,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £418,000 | 5 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £418,000 results in an estimated price of approximately £520,256.
| 5 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £418,000 | £102,256 | £520,256 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 37.336 % | £156,064 | £574,064 |
| 3 Month Average | 40.787 % | £170,488 | £588,488 |
| 6 Month Average | 21.698 % | £90,697 | £508,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £380,851 | £375,000 | 27 PRINCES AVENUE |
| 15 Dec 2023 | £353,358 | £342,500 | 32 THE OAKLANDS |
| 11 Aug 2023 | £412,439 | £405,000 | 4 THE OAKLANDS |
| 6 Jan 2023 | £511,366 | £510,000 | 221 WORCESTER ROAD |
| 22 Apr 2022 | £746,944 | £720,000 | 34 VICTORIA AVENUE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 27 Mar 2019. Using an estimated price of £520,256 means this house is valued at £3,172 per sq meter (£294 per sq foot).
The average size of a house on VICTORIA AVENUE is 166 sq meters (1,796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Princes Avenue |
| Aug 2024 | Theft from the person | Under investigation | On or near Westwood Avenue |