£266,031
This estimated value is based upon the latest sale price for the house of £200,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 3 Jun 2016 |
| £164,500 | 4 Nov 2013 |
| £169,500 | 28 Sep 2007 |
| £72,000 | 19 Jan 2001 |
| £27,000 | 23 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2016 the House Price Index for WORCESTERSHIRE was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £200,000 results in an estimated price of approximately £266,031.
| 3 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £200,000 | £66,031 | £266,031 |
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 | 16.835 % | £33,670 | £233,670 |
| 3 Month Average | 39.778 % | £79,555 | £279,555 |
| 6 Month Average | 44.012 % | £88,023 | £288,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £296,612 | £291,000 | 59 VICTORIA AVENUE |
| 10 Nov 2023 | £293,771 | £290,000 | 24 VICTORIA AVENUE |
| 21 Jun 2023 | £272,207 | £270,000 | 86 VICTORIA AVENUE |
| 9 Jun 2023 | £299,932 | £297,500 | 79 VICTORIA AVENUE |
| 6 Mar 2023 | £226,223 | £225,000 | 300 WYLDS LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Dec 2012. Using an estimated price of £266,031 means this house is valued at £2,660 per sq meter (£247 per sq foot).
The average size of a house on VICTORIA AVENUE is 109 sq meters (1,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue |