£314,540
This estimated value is based upon the latest sale price for the house of £251,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £251,000 | 29 Jun 2018 |
| £210,000 | 18 Nov 2011 |
| £71,250 | 12 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for WORCESTERSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £251,000 results in an estimated price of approximately £314,540.
| 29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £251,000 | £63,540 | £314,540 |
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 | 34.558 % | £86,741 | £337,741 |
| 3 Month Average | 21.544 % | £54,075 | £305,075 |
| 6 Month Average | 25.123 % | £63,059 | £314,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £342,978 | £340,000 | 81 ELM ROAD |
| 30 Aug 2023 | £142,571 | £140,000 | 3 ELMSIDE |
| 14 Apr 2023 | £352,085 | £345,500 | 25 ELMSIDE |
| 13 Oct 2022 | £403,652 | £405,000 | 97 ELM ROAD |
| 13 Sep 2022 | £165,889 | £166,000 | 51 CORONATION STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Oct 2017. Using an estimated price of £314,541 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on ELM ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Elm Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Road |