£296,516
This estimated value is based upon the latest sale price for the house of £240,000 on 20 Jun 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 20 Jun 2019 |
| £170,000 | 13 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 June 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £240,000 results in an estimated price of approximately £296,516.
| 20 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £240,000 | £56,516 | £296,516 |
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 | -67.930 % | £-163,033 | £76,966 |
| 3 Month Average | -37.332 % | £-89,597 | £150,402 |
| 6 Month Average | -7.615 % | £-18,275 | £221,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £190,668 | £189,000 | 83 NORTHFIELD STREET |
| 21 Jul 2023 | £237,902 | £234,700 | 4 ARBORETUM ROAD |
| 9 Jun 2023 | £214,599 | £212,000 | APARTMENT 1 ARBORETUM COURT, 33 ARBORETUM ROAD |
| 10 Mar 2023 | £196,855 | £195,000 | 65 NORTHFIELD STREET |
| 25 Oct 2022 | £227,550 | £230,000 | 18 ARBORETUM ROAD |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 12 Oct 2018. Using an estimated price of £296,517 means this house is valued at £1,786 per sq meter (£165 per sq foot).
The average size of a house on ARBORETUM ROAD is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middle Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Middle Street |
| Jan 2024 | Anti-social behaviour | On or near Sansome Walk | |
| Jan 2024 | Anti-social behaviour | On or near Sansome Walk | |
| Jan 2024 | Anti-social behaviour | On or near Sansome Walk |