£366,439
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Jun 2013. 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 Albany Terrace
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Jun 2013 |
| £230,000 | 12 Jun 2007 |
| £56,000 | 23 May 1997 |
| 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 June 2013 the House Price Index for WORCESTERSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £220,000 results in an estimated price of approximately £366,439.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £220,000 | £146,439 | £366,439 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -51.897 % | £-114,172 | £105,827 |
| 3 Month Average | 1.668 % | £3,670 | £223,670 |
| 6 Month Average | 29.241 % | £64,329 | £284,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Apr 2022 | £375,877 | £365,000 | 55 YORK PLACE |
| 5 Nov 2021 | £367,715 | £340,000 | 31 YORK PLACE |
| 21 Sep 2021 | £350,756 | £325,500 | 43 YORK PLACE |
| 9 Sep 2021 | £361,532 | £335,500 | 63 YORK PLACE |
| 13 Aug 2021 | £819,978 | £735,000 | 8 ALBANY TERRACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 19 Feb 2013. Using an estimated price of £366,439 means this house is valued at £6,317 per sq meter (£586 per sq foot).
The average size of a house on YORK PLACE is 119 sq meters (1,289 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Terrace |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Albany Terrace |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hebb Street |
| Mar 2024 | Burglary | Under investigation | On or near Hebb Street |
| Mar 2024 | Burglary | Under investigation | On or near Hebb Street |