£110,812
This estimated value is based upon the latest sale price for the house of £108,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 17 Nov 2023 |
| £119,950 | 10 Oct 2005 |
| £95,000 | 21 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 640 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 November 2023 the House Price Index for WORCESTERSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £108,000 results in an estimated price of approximately £110,812.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £108,000 | £2,812 | £110,812 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 36.658 % | £39,590 | £147,590 |
| 3 Month Average | 29.306 % | £31,650 | £139,650 |
| 6 Month Average | 15.784 % | £17,047 | £125,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £294,525 | £290,000 | 58 HENWICK ROAD |
| 17 Nov 2023 | £110,813 | £108,000 | FLAT 5 BEDWARDINE HOUSE, 56A HENWICK ROAD |
| 29 Sep 2023 | £138,043 | £135,000 | FLAT 4 HENWICK COURT, 56 HENWICK ROAD |
| 15 Sep 2023 | £61,352 | £60,000 | FLAT 3 34 HENWICK ROAD |
| 23 Jun 2023 | £261,235 | £256,000 | 6 WHEELER CLOSE |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 15 Mar 2012. Using an estimated price of £110,813 means this house is valued at £1,862 per sq meter (£173 per sq foot).
The average size of a house on HENWICK ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeler Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheeler Close |
| Aug 2024 | Anti-social behaviour | On or near Shopping Area | |
| Aug 2024 | Anti-social behaviour | On or near Shopping Area |