£514,348
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 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £418,000 results in an estimated price of approximately £514,348.
| 5 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £418,000 | £96,348 | £514,348 |
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 | 5.341 % | £22,326 | £440,326 |
| 3 Month Average | 11.262 % | £47,073 | £465,073 |
| 6 Month Average | 16.566 % | £69,245 | £487,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £349,105 | £342,500 | 32 THE OAKLANDS |
| 11 Aug 2023 | £407,478 | £405,000 | 4 THE OAKLANDS |
| 31 Jul 2023 | £238,355 | £236,100 | 15 PRINCES AVENUE |
| 6 Jan 2023 | £505,559 | £510,000 | 221 WORCESTER ROAD |
| 22 Apr 2022 | £738,461 | £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 £514,348 means this house is valued at £3,136 per sq meter (£291 per sq foot).
The average size of a house on VICTORIA AVENUE is 166 sq meters (1,796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Westwood Avenue | |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Worcester Road |
| Apr 2024 | Anti-social behaviour | On or near Worcester Road | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Worcester Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Worcester Road |