£248,114
This estimated value is based upon the latest sale price for the house of £156,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £156,000 | 25 May 2007 |
| £150,000 | 26 Oct 2005 |
| £57,750 | 19 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2007 the House Price Index for WORCESTERSHIRE was 93.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.048%.Applying this 59.048% change to the original purchase price of £156,000 results in an estimated price of approximately £248,114.
| 25 May 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.0 | 59.048 % | £156,000 | £92,114 | £248,114 |
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 | 43.128 % | £67,279 | £223,279 |
| 3 Month Average | 78.113 % | £121,856 | £277,856 |
| 6 Month Average | 60.095 % | £93,747 | £249,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £133,311 | £132,500 | 22 RIVER HOUSE COMMON ROAD |
| 4 Aug 2023 | £251,530 | £250,000 | 18 COMMON ROAD |
| 23 Mar 2023 | £153,781 | £152,950 | 18 RIVER HOUSE COMMON ROAD |
| 12 May 2022 | £238,546 | £235,000 | 15 RYNAL PLACE |
| 21 Dec 2021 | £240,087 | £225,000 | 27 RYNAL PLACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Jun 2015. Using an estimated price of £248,115 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on COMMON ROAD is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Common Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Common Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Road |