£113,988
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Mar 2022 |
| £89,000 | 10 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 March 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £110,000 results in an estimated price of approximately £113,988.
| 22 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £110,000 | £3,988 | £113,988 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -50.000 % | £-55,000 | £55,000 |
| 3 Month Average | -18.246 % | £-20,070 | £89,929 |
| 6 Month Average | -8.821 % | £-9,703 | £100,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £287,515 | £285,000 | 18 CHARTER PLACE |
| 25 Aug 2023 | £355,611 | £352,500 | 39 THE TYTHING |
| 24 Aug 2023 | £912,987 | £905,000 | 4 BRITANNIA SQUARE |
| 23 Jun 2023 | £146,778 | £145,000 | 14 KING EDMUNDS SQUARE |
| 28 Nov 2022 | £533,537 | £540,000 | 10 BRITANNIA SQUARE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 12 Oct 2021. Using an estimated price of £113,989 means this house is valued at £2,326 per sq meter (£216 per sq foot).
There is one other house on the street which we know the size of, this is 41 BACK LANE SOUTH it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Back Lane South |
| Mar 2024 | Public order | Under investigation | On or near Back Lane South |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Back Lane South |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Back Lane South |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Lane South |