£730,517
This estimated value is based upon the latest sale price for the house of £650,000 on 20 Aug 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£650,000 | 20 Aug 2021 |
£245,000 | 1 Aug 2014 |
Detached |
Freehold |
Floor Area: 156 sq meters or 1,679 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 2021 the House Price Index for WORCESTERSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £650,000 results in an estimated price of approximately £730,517.
20 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £650,000 | £80,517 | £730,517 |
The Postcode Pricing Model uses changes in average sales price within the B60 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 | -16.339 % | £-106,201 | £543,798 |
3 Month Average | -4.051 % | £-26,333 | £623,666 |
6 Month Average | -4.312 % | £-28,028 | £621,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £240,000 | £240,000 | APARTMENT 1 CHESTER HOUSE, 47 WELLINGTON ROAD |
29 Nov 2023 | £246,251 | £240,000 | APARTMENT 3 CHESTER HOUSE, 47 WELLINGTON ROAD |
30 Aug 2023 | £412,439 | £405,000 | 24 WELLINGTON ROAD |
4 Aug 2022 | £256,198 | £255,000 | APARTMENT 2 CHESTER HOUSE, 47 WELLINGTON ROAD |
27 Jun 2022 | £214,587 | £210,000 | 15 STONEHOUSE ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 11 Mar 2020. Using an estimated price of £730,518 means this house is valued at £4,682 per sq meter (£435 per sq foot).
The average size of a house on WELLINGTON ROAD is 137 sq meters (1,479 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Stonehouse Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonehouse Road |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Stonehouse Road |