£225,020
This estimated value is based upon the latest sale price for the house of £184,775 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £184,775 | 13 Dec 2018 |
| £175,000 | 23 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2018 the House Price Index for WORCESTERSHIRE was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £184,775 results in an estimated price of approximately £225,020.
| 13 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £184,775 | £40,245 | £225,020 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | 17.173 % | £31,730 | £216,505 |
| 3 Month Average | 21.824 % | £40,325 | £225,100 |
| 6 Month Average | 14.238 % | £26,307 | £211,082 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Dec 2017.
The average size of a house on JUNCTION ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Melbourne Road |
| Feb 2024 | Burglary | Under investigation | On or near Junction Road |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Lincoln Road |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Road | |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Road |