£235,133
This estimated value is based upon the latest sale price for the house of £178,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 16 Dec 2016 |
| £95,000 | 20 Aug 2014 |
| £23,500 | 21 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2016 the House Price Index for WORCESTERSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £178,000 results in an estimated price of approximately £235,133.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £178,000 | £57,133 | £235,133 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 26.498 % | £47,166 | £225,166 |
| 3 Month Average | 25.447 % | £45,295 | £223,295 |
| 6 Month Average | 24.216 % | £43,104 | £221,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £182,500 | £182,500 | 10 BROMSGROVE STREET |
| 30 Apr 2024 | £226,971 | £225,000 | 14 MELBOURNE STREET |
| 4 Oct 2023 | £245,578 | £240,000 | 32 MELBOURNE STREET |
| 31 Aug 2023 | £549,918 | £540,000 | 40 DROITWICH ROAD |
| 10 Aug 2022 | £286,339 | £285,000 | 27 GREGORYS MILL STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Apr 2016. Using an estimated price of £235,133 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on BROMSGROVE STREET is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Bromsgrove Street | |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crown Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crown Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Alma Street |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Alma Street |