£917,154
This estimated value is based upon the latest sale price for the house of £900,000 on 11 Apr 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Westminster Road
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| Price Paid | Date |
|---|---|
| £900,000 | 11 Apr 2023 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for WORCESTERSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £900,000 results in an estimated price of approximately £917,154.
| 11 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £900,000 | £17,154 | £917,154 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | -19.896 % | £-179,064 | £720,935 |
| 3 Month Average | 3.507 % | £31,559 | £931,559 |
| 6 Month Average | 0.066 % | £593 | £900,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £252,190 | £250,000 | 64 WESTMINSTER ROAD |
| 26 Oct 2023 | £663,059 | £648,000 | 93 WELLS ROAD |
| 12 Oct 2023 | £199,532 | £195,000 | 60 WESTMINSTER ROAD |
| 22 Sep 2023 | £324,146 | £317,000 | CAMELLIA COTTAGE, 2 WESTMINSTER ROAD |
| 11 Sep 2023 | £521,496 | £510,000 | 94 WELLS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Westminster Road |
| Aug 2024 | Drugs | Under investigation | On or near King Edward'S Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beacon Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Beacon Road |