£615,199
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 18 Mar 2019 |
| £135,000 | 19 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 March 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £500,000 results in an estimated price of approximately £615,199.
| 18 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £500,000 | £115,199 | £615,199 |
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 | 17.413 % | £87,067 | £587,067 |
| 3 Month Average | 50.660 % | £253,300 | £753,300 |
| 6 Month Average | 25.275 % | £126,375 | £626,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £361,846 | £355,000 | 2 SHANNON WAY |
| 1 Dec 2023 | £448,485 | £440,000 | 19 THORN LEA |
| 14 Jul 2023 | £534,052 | £529,000 | 39 SHANNON WAY |
| 6 Jan 2023 | £364,300 | £367,500 | 6 HAWTHORN ROAD |
| 5 Jan 2023 | £396,517 | £400,000 | 12 JUPITER ROAD |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 31 Jan 2019. Using an estimated price of £615,200 means this house is valued at £3,436 per sq meter (£319 per sq foot).
The average size of a house on BROADWAY ROAD is 171 sq meters (1,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackthorn Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest |