£332,949
This estimated value is based upon the latest sale price for the house of £328,000 on 26 May 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £328,000 | 26 May 2022 |
| £265,000 | 4 Apr 2019 |
| £195,000 | 21 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2022 the House Price Index for WORCESTERSHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £328,000 results in an estimated price of approximately £332,949.
| 26 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £328,000 | £4,949 | £332,949 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | -3.653 % | £-11,983 | £316,016 |
| 3 Month Average | 11.815 % | £38,752 | £366,752 |
| 6 Month Average | 10.005 % | £32,815 | £360,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £652,342 | £640,000 | 34 OFFENHAM ROAD |
| 16 Nov 2023 | £258,316 | £255,000 | 25 CRUMP WAY |
| 5 Jan 2023 | £455,995 | £460,000 | 39 CRUMP WAY |
| 5 Jan 2023 | £267,649 | £270,000 | 3 EGREMONT CLOSE |
| 26 May 2022 | £332,949 | £328,000 | 71 LICHFIELD AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Jan 2019. Using an estimated price of £332,949 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on LICHFIELD AVENUE is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Offenham Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Offenham Road |
| Feb 2024 | Anti-social behaviour | On or near Offenham Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Offenham Road |
| Feb 2024 | Anti-social behaviour | On or near Offenham Road |