£186,308
This estimated value is based upon the latest sale price for the house of £124,950 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 22 Oct 2014 |
| £125,000 | 19 Dec 2006 |
| £59,950 | 16 Jun 2000 |
| £62,000 | 9 Jun 2000 |
| £50,950 | 18 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 October 2014 the House Price Index for WORCESTERSHIRE was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £124,950 results in an estimated price of approximately £186,308.
| 22 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £124,950 | £61,358 | £186,308 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 72.802 % | £90,965 | £215,915 |
| 3 Month Average | 48.951 % | £61,164 | £186,114 |
| 6 Month Average | 47.403 % | £59,230 | £184,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £177,276 | £175,000 | 30 HEWELL ROAD |
| 27 Jul 2023 | £212,005 | £210,000 | 3 CEDAR VIEW |
| 11 Apr 2023 | £775,766 | £770,000 | THE CEDARS CEDAR PARK ROAD |
| 31 Mar 2023 | £90,489 | £90,000 | APARTMENT 18 RYLAND HOUSE HEWELL ROAD |
| 28 Mar 2023 | £226,223 | £225,000 | 3 ELM COURT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 21 May 2014. Using an estimated price of £186,308 means this house is valued at £3,653 per sq meter (£339 per sq foot).
The average size of a house on CEDAR PARK ROAD is 59 sq meters (643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowood Court |
| Feb 2024 | Anti-social behaviour | On or near Cedar Road | |
| Feb 2024 | Anti-social behaviour | On or near Cedar Road | |
| Feb 2024 | Anti-social behaviour | On or near Cedar Road | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Road |