£230,860
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 23 Nov 2023 |
| £230,000 | 9 Feb 2022 |
| £39,000 | 18 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 November 2023 the House Price Index for WORCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £225,000 results in an estimated price of approximately £230,860.
| 23 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £225,000 | £5,860 | £230,860 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 30.895 % | £69,513 | £294,513 |
| 3 Month Average | -6.425 % | £-14,456 | £210,543 |
| 6 Month Average | -2.812 % | £-6,326 | £218,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £285,000 | £285,000 | FLAT 12 GRAHAM COURT, 80 GRAHAM ROAD |
| 8 May 2024 | £485,000 | £485,000 | 8 HILLSTONE COURT VICTORIA ROAD |
| 23 Nov 2023 | £230,860 | £225,000 | FLAT 4 5 VICTORIA ROAD |
| 30 Oct 2023 | £3,224,229 | £3,151,000 | 9 VICTORIA ROAD |
| 29 Sep 2023 | £510,248 | £499,000 | 6 HILLSTONE COURT VICTORIA ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Jun 2015. Using an estimated price of £230,860 means this house is valued at £2,308 per sq meter (£214 per sq foot).
The average size of a house on VICTORIA ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albert Road North |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Graham Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Graham Road |