£222,502
This estimated value is based upon the latest sale price for the house of £125,500 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Shopping Area
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| Price Paid | Date |
|---|---|
| £125,500 | 30 Oct 2009 |
| £76,000 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2009 the House Price Index for WORCESTERSHIRE was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £125,500 results in an estimated price of approximately £222,502.
| 30 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £125,500 | £97,002 | £222,502 |
The Postcode Pricing Model uses changes in average sales price within the WR10 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 | 91.636 % | £115,003 | £240,503 |
| 3 Month Average | 85.531 % | £107,341 | £232,841 |
| 6 Month Average | 83.792 % | £105,159 | £230,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £252,190 | £250,000 | 90 NEWLANDS |
| 22 Mar 2024 | £258,979 | £255,000 | ABBEY VIEW NEW ROAD |
| 24 Nov 2023 | £241,121 | £235,000 | 8 NEW ROAD |
| 24 Aug 2023 | £224,041 | £220,000 | 53A NEWLANDS |
| 25 Apr 2023 | £198,717 | £195,000 | 2 VICTORIA TERRACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Mar 2019. Using an estimated price of £222,503 means this house is valued at £3,836 per sq meter (£356 per sq foot).
The average size of a house on NEW ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Shopping Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Aug 2024 | Burglary | Under investigation | On or near Shopping Area |