£488,993
This estimated value is based upon the latest sale price for the house of £362,500 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £362,500 | 22 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 April 2016 the House Price Index for WORCESTERSHIRE was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £362,500 results in an estimated price of approximately £488,993.
| 22 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £362,500 | £126,493 | £488,993 |
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 | 7.651 % | £27,734 | £390,234 |
| 3 Month Average | 22.283 % | £80,775 | £443,275 |
| 6 Month Average | 23.976 % | £86,913 | £449,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £349,105 | £342,500 | 32 THE OAKLANDS |
| 11 Aug 2023 | £171,040 | £170,000 | APARTMENT 1 EVERTON HOUSE, 224 WORCESTER ROAD |
| 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 |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 10 Dec 2015. Using an estimated price of £488,993 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on OAKLAND AVENUE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Florence Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Florence Avenue |
| Apr 2024 | Anti-social behaviour | On or near College Green | |
| Apr 2024 | Anti-social behaviour | On or near Westwood Avenue | |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Worcester Road |