£235,378
This estimated value is based upon the latest sale price for the house of £187,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,000 | 9 Feb 2018 |
| £50,000 | 21 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £187,000 results in an estimated price of approximately £235,378.
| 9 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £187,000 | £48,378 | £235,378 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 9.101 % | £17,018 | £204,018 |
| 3 Month Average | 35.078 % | £65,595 | £252,595 |
| 6 Month Average | 20.429 % | £38,202 | £225,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £330,145 | £320,000 | 335 BATH ROAD |
| 27 Oct 2022 | £184,384 | £185,000 | 22 BARNES WAY |
| 31 Aug 2022 | £296,386 | £295,000 | 2 NORTON ROAD |
| 25 Aug 2022 | £218,019 | £217,000 | 58 BARNES WAY |
| 3 Mar 2022 | £229,665 | £220,000 | 339 BATH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Nov 2017. Using an estimated price of £235,379 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on BARNES WAY is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Barnes Place | |
| Jun 2024 | Anti-social behaviour | On or near Barnes Place | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Aldersey Road |
| May 2024 | Anti-social behaviour | On or near Ransom Avenue | |
| May 2024 | Anti-social behaviour | On or near Ransom Avenue |