£320,593
This estimated value is based upon the latest sale price for the house of £270,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 18 Sep 2020 |
| £160,000 | 25 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £270,000 results in an estimated price of approximately £320,593.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £270,000 | £50,593 | £320,593 |
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 | 21.410 % | £57,805 | £327,805 |
| 3 Month Average | 15.363 % | £41,479 | £311,479 |
| 6 Month Average | 12.623 % | £34,082 | £304,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £355,260 | £350,000 | 107 DROITWICH ROAD |
| 28 Oct 2022 | £227,550 | £230,000 | 39 FAIRBAIRN AVENUE |
| 9 Aug 2022 | £259,302 | £260,000 | 34 CHALFONT CLOSE |
| 19 Jul 2022 | £322,368 | £321,500 | 15 PENBURY STREET |
| 18 Jul 2022 | £364,982 | £364,000 | 123 DROITWICH ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Apr 2020. Using an estimated price of £320,593 means this house is valued at £3,410 per sq meter (£316 per sq foot).
The average size of a house on FAIRBAIRN AVENUE is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cope Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairbairn Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chalfont Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Droitwich Road |
| Feb 2024 | Anti-social behaviour | On or near Droitwich Road |