£179,928
This estimated value is based upon the latest sale price for the house of £38,000 on 2 Apr 1998. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £38,000 | 2 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 April 1998 the House Price Index for WORCESTERSHIRE was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £38,000 results in an estimated price of approximately £179,928.
| 2 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £38,000 | £141,928 | £179,928 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 356.704 % | £135,547 | £173,547 |
| 3 Month Average | 253.830 % | £96,455 | £134,455 |
| 6 Month Average | 282.138 % | £107,212 | £145,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £192,592 | £190,000 | 31 MOUNT PLEASANT |
| 2 Jun 2023 | £225,152 | £222,425 | 4 SALOP ROAD |
| 28 Apr 2023 | £114,230 | £113,000 | 27 SALOP ROAD |
| 23 Feb 2023 | £177,880 | £178,000 | 18 HARESFIELD CLOSE |
| 31 Mar 2022 | £124,870 | £120,500 | 29 MOUNT PLEASANT |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Feb 2016. Using an estimated price of £179,929 means this house is valued at £1,697 per sq meter (£157 per sq foot).
The average size of a house on OAKLY ROAD is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Oakly Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ludlow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Road |