£167,657
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Aug 2016 |
| £120,000 | 1 Mar 2012 |
| £135,000 | 24 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 705 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 2016 the House Price Index for WORCESTERSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £125,000 results in an estimated price of approximately £167,657.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £125,000 | £42,657 | £167,657 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | 98.909 % | £123,636 | £248,636 |
| 3 Month Average | 48.354 % | £60,442 | £185,442 |
| 6 Month Average | 32.500 % | £40,624 | £165,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £221,927 | £220,000 | 44 QUEENSWAY |
| 28 Mar 2024 | £235,620 | £232,000 | 40 WASSELL DRIVE |
| 29 Sep 2023 | £214,734 | £210,000 | 61 SPRINGHILL RISE |
| 25 Aug 2023 | £203,673 | £200,000 | 2 QUEENSWAY |
| 23 Jun 2023 | £263,276 | £258,000 | 16 DELAMERE ROAD |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 14 Dec 2009. Using an estimated price of £167,658 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on QUEENSWAY is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Springhill Rise |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Springhill Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springhill Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springhill Rise |
| Oct 2024 | Burglary | Under investigation | On or near Queen'S Way |