£261,094
This estimated value is based upon the latest sale price for the house of £80,500 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £80,500 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2001 the House Price Index for WORCESTERSHIRE was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £80,500 results in an estimated price of approximately £261,094.
| 26 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £80,500 | £180,594 | £261,094 |
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 | 200.635 % | £161,511 | £242,011 |
| 3 Month Average | 167.391 % | £134,750 | £215,250 |
| 6 Month Average | 154.875 % | £124,674 | £205,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £289,283 | £285,000 | 2 MELBOURNE ROAD |
| 8 Nov 2023 | £233,456 | £230,000 | 52 YORK ROAD |
| 20 Jul 2023 | £240,740 | £237,500 | 62 BROAD STREET |
| 20 Apr 2023 | £237,558 | £235,000 | 60 BROAD STREET |
| 10 Feb 2023 | £170,885 | £171,000 | 49 BROAD STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 17 Apr 2014. Using an estimated price of £261,095 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on YORK ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near York Avenue | |
| Jan 2024 | Anti-social behaviour | On or near York Avenue | |
| Jan 2024 | Anti-social behaviour | On or near York Avenue | |
| Jan 2024 | Anti-social behaviour | On or near York Avenue | |
| Jan 2024 | Anti-social behaviour | On or near York Avenue |