£238,856
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Dec 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 14 Dec 2017 |
| £93,000 | 19 Apr 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2017 the House Price Index for WORCESTERSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £190,000 results in an estimated price of approximately £238,856.
| 14 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £190,000 | £48,856 | £238,856 |
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 | 5.492 % | £10,434 | £200,434 |
| 3 Month Average | 19.436 % | £36,927 | £226,927 |
| 6 Month Average | 24.424 % | £46,405 | £236,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £221,276 | £218,000 | 11 LANGLAND AVENUE |
| 15 Feb 2023 | £238,340 | £238,500 | 28 ORFORD WAY |
| 23 Nov 2022 | £125,480 | £127,000 | 150 ELGAR AVENUE |
| 30 Sep 2022 | £257,917 | £260,000 | 27 ORFORD WAY |
| 18 Feb 2022 | £128,989 | £123,000 | 219 ELGAR AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 2 Oct 2017. Using an estimated price of £238,857 means this house is valued at £2,777 per sq meter (£258 per sq foot).
The average size of a house on LANGLAND AVENUE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Langland Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |