£427,633
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 12 Dec 2019 |
| £275,000 | 8 Aug 2012 |
| £95,000 | 12 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 December 2019 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £350,000 results in an estimated price of approximately £427,633.
| 12 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £350,000 | £77,633 | £427,633 |
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 | 15.746 % | £55,110 | £405,110 |
| 3 Month Average | 37.504 % | £131,265 | £481,265 |
| 6 Month Average | 24.123 % | £84,430 | £434,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £140,857 | £140,000 | 3 ELMSIDE |
| 14 Apr 2023 | £348,087 | £345,500 | 25 ELMSIDE |
| 13 Oct 2022 | £399,068 | £405,000 | 97 ELM ROAD |
| 13 Sep 2022 | £164,005 | £166,000 | 51 CORONATION STREET |
| 1 Aug 2022 | £221,503 | £223,000 | 58 CORONATION STREET |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 11 Jun 2019. Using an estimated price of £427,634 means this house is valued at £2,832 per sq meter (£263 per sq foot).
The average size of a house on ELM ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Road |
| Mar 2024 | Robbery | Under investigation | On or near Elm Road |
| Feb 2024 | Anti-social behaviour | On or near Elm Road | |
| Feb 2024 | Anti-social behaviour | On or near Elm Road | |
| Feb 2024 | Anti-social behaviour | On or near Elm Road |