£272,038
This estimated value is based upon the latest sale price for the house of £135,000 on 25 May 2004. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £135,000 | 25 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2004 the House Price Index for WORCESTERSHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £135,000 results in an estimated price of approximately £272,038.
| 25 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £135,000 | £137,038 | £272,038 |
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 | -47.316 % | £-63,876 | £71,123 |
| 3 Month Average | 20.456 % | £27,616 | £162,616 |
| 6 Month Average | 58.675 % | £79,211 | £214,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £223,306 | £220,000 | 20 WOOD TERRACE |
| 4 Sep 2023 | £187,396 | £185,000 | 75 NORTHFIELD STREET |
| 4 Aug 2023 | £190,668 | £189,000 | 83 NORTHFIELD STREET |
| 4 Jul 2023 | £202,729 | £200,000 | 18 WOOD TERRACE |
| 10 Mar 2023 | £196,855 | £195,000 | 65 NORTHFIELD STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Sep 2020. Using an estimated price of £272,038 means this house is valued at £3,831 per sq meter (£355 per sq foot).
The average size of a house on WOOD TERRACE is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Wood Terrace |
| Jan 2024 | Anti-social behaviour | On or near Wood Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Wood Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Wood Terrace | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Wood Terrace |