£152,751
This estimated value is based upon the latest sale price for the house of £125,000 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 19 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2019 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £125,000 results in an estimated price of approximately £152,751.
| 19 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £125,000 | £27,751 | £152,751 |
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 | 76.398 % | £95,497 | £220,497 |
| 3 Month Average | 14.703 % | £18,378 | £143,378 |
| 6 Month Average | 22.721 % | £28,401 | £153,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £652,203 | £650,000 | BROOKLANDS MAYFIELD ROAD |
| 14 Dec 2023 | £135,565 | £133,000 | 133 POUND BANK ROAD |
| 9 Nov 2023 | £220,835 | £218,000 | 11 LANGLAND AVENUE |
| 19 Apr 2023 | £110,824 | £110,000 | 23 OAK CRESCENT |
| 15 Feb 2023 | £273,705 | £275,000 | 132 MADRESFIELD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 13 Jun 2019. Using an estimated price of £152,751 means this house is valued at £1,983 per sq meter (£184 per sq foot).
The average size of a house on ELGAR AVENUE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Martin Close | |
| Apr 2024 | Drugs | Under investigation | On or near Martin Close |
| Apr 2024 | Other theft | Awaiting court outcome | On or near Martin Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Martin Close |
| Mar 2024 | Anti-social behaviour | On or near Martin Close |