£245,577
This estimated value is based upon the latest sale price for the house of £240,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 13 Oct 2023 |
| Terraced |
| Freehold |
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 October 2023 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £240,000 results in an estimated price of approximately £245,577.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £240,000 | £5,577 | £245,577 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | -21.159 % | £-50,782 | £189,217 |
| 3 Month Average | -1.169 % | £-2,804 | £237,195 |
| 6 Month Average | -4.855 % | £-11,651 | £228,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £330,000 | £330,000 | 453 BIRMINGHAM ROAD |
| 1 Mar 2024 | £304,681 | £300,000 | 433 BIRMINGHAM ROAD |
| 21 Dec 2023 | £451,370 | £437,500 | 457 BIRMINGHAM ROAD |
| 13 Oct 2023 | £245,578 | £240,000 | 443 BIRMINGHAM ROAD |
| 15 Sep 2023 | £182,012 | £178,000 | 445 BIRMINGHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Birmingham Road |
| Sep 2024 | Bicycle theft | Under investigation | On or near Acorn Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Acorn Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Acorn Road |