£498,927
This estimated value is based upon the latest sale price for the house of £400,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 31 May 2018 |
| Freehold |
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 2018 the House Price Index for WORCESTERSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £400,000 results in an estimated price of approximately £498,927.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £400,000 | £98,927 | £498,927 |
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 | 88.232 % | £352,928 | £752,928 |
| 3 Month Average | 55.405 % | £221,619 | £621,619 |
| 6 Month Average | 20.684 % | £82,735 | £482,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £120,132 | £119,000 | FLAT 3 OLIVER HOUSE, 28 NEW ROAD |
| 6 Mar 2023 | £211,997 | £210,000 | 3B PEEWIT ROAD |
| 30 Sep 2022 | £277,757 | £280,000 | 4 SCHOOL ROAD |
| 23 Sep 2022 | £188,478 | £190,000 | 187 PERSHORE ROAD |
| 30 Jun 2022 | £329,659 | £325,000 | 161 PERSHORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Workman Road |
| Mar 2024 | Anti-social behaviour | On or near Workman Road | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Workman Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Workman Road |
| Jan 2024 | Anti-social behaviour | On or near Workman Road |