£265,343
This estimated value is based upon the latest sale price for the house of £195,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 31 Mar 2016 |
| £180,000 | 31 Jul 2013 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2016 the House Price Index for WORCESTERSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £195,000 results in an estimated price of approximately £265,343.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £195,000 | £70,343 | £265,343 |
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 | 31.453 % | £61,333 | £256,333 |
| 3 Month Average | 48.655 % | £94,877 | £289,877 |
| 6 Month Average | 41.250 % | £80,437 | £275,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £300,225 | £291,000 | 59 VICTORIA AVENUE |
| 10 Nov 2023 | £297,553 | £290,000 | 24 VICTORIA AVENUE |
| 21 Jun 2023 | £275,521 | £270,000 | 86 VICTORIA AVENUE |
| 9 Jun 2023 | £303,584 | £297,500 | 79 VICTORIA AVENUE |
| 6 Mar 2023 | £228,821 | £225,000 | 300 WYLDS LANE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 10 Apr 2013. Using an estimated price of £265,344 means this house is valued at £2,527 per sq meter (£234 per sq foot).
The average size of a house on VICTORIA AVENUE is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Victoria Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shopping Area |