£280,783
This estimated value is based upon the latest sale price for the house of £215,000 on 19 Dec 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 19 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2016 the House Price Index for WORCESTERSHIRE was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £215,000 results in an estimated price of approximately £280,783.
| 19 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £215,000 | £65,783 | £280,783 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 7.807 % | £16,785 | £231,785 |
| 3 Month Average | 27.204 % | £58,488 | £273,488 |
| 6 Month Average | 30.817 % | £66,255 | £281,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £295,592 | £290,000 | 24 ORCHARD STREET |
| 9 Aug 2023 | £196,193 | £195,000 | 59 WAVERLEY STREET |
| 4 Aug 2023 | £236,549 | £235,111 | 10 BERWICK STREET |
| 5 Jul 2023 | £454,297 | £450,000 | 18A BERWICK STREET |
| 28 Feb 2023 | £492,670 | £495,000 | PRICE & WESTON ORCHARD STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 11 Nov 2014. Using an estimated price of £280,784 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on CAVENDISH STREET is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Berwick Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berwick Street |
| Feb 2024 | Anti-social behaviour | On or near Berwick Street | |
| Feb 2024 | Anti-social behaviour | On or near Berwick Street | |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Berwick Street |