£684,158
This estimated value is based upon the latest sale price for the house of £400,000 on 31 Oct 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 31 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 196 sq meters or 2,110 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 October 2012 the House Price Index for WORCESTERSHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £400,000 results in an estimated price of approximately £684,158.
| 31 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £400,000 | £284,158 | £684,158 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | 20.467 % | £81,866 | £481,866 |
| 3 Month Average | 27.753 % | £111,011 | £511,011 |
| 6 Month Average | 27.533 % | £110,131 | £510,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £107,000 | £107,000 | SECOND FLOOR FLAT 39 FRIAR STREET |
| 13 Dec 2023 | £134,121 | £130,000 | 5 SIDBURY HOUSE COLLEGE STREET |
| 17 Nov 2023 | £218,035 | £212,500 | APARTMENT 13 2 KING STREET |
| 3 Aug 2023 | £117,112 | £115,000 | FLAT 2 17 FRIAR STREET |
| 31 Mar 2023 | £121,021 | £119,000 | APARTMENT 12 1 SIDBURY HOUSE COLLEGE STREET |
This house has a floor area of 196 sq meters or 2,110 sq feet when measured on 5 Sep 2011. Using an estimated price of £684,159 means this house is valued at £3,488 per sq meter (£324 per sq foot).
There is one other house on the street which we know the size of, this is 7 EDGAR STREET it is 193.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | Under investigation | On or near Edgar Street |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Edgar Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near College Precincts |
| Jul 2024 | Anti-social behaviour | On or near College Precincts | |
| Jul 2024 | Anti-social behaviour | On or near College Precincts |