£318,329
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Aug 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 16 Aug 2013 |
| £140,250 | 2 Dec 2005 |
| £67,500 | 9 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2013 the House Price Index for WORCESTERSHIRE was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £195,000 results in an estimated price of approximately £318,329.
| 16 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £195,000 | £123,329 | £318,329 |
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 | 74.092 % | £144,479 | £339,479 |
| 3 Month Average | 68.668 % | £133,903 | £328,903 |
| 6 Month Average | 63.736 % | £124,285 | £319,285 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Jun 2013.
The average size of a house on MELBOURNE ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Melbourne Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Melbourne Avenue |
| Mar 2024 | Anti-social behaviour | On or near Melbourne Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Melbourne Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Avenue |