£312,214
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Jun 1995. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 20 Jun 1995 |
| Detached |
| 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 June 1995 the House Price Index for WORCESTERSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £55,000 results in an estimated price of approximately £312,214.
| 20 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £55,000 | £257,214 | £312,214 |
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 | 467.128 % | £256,920 | £311,920 |
| 3 Month Average | 409.095 % | £225,002 | £280,002 |
| 6 Month Average | 419.002 % | £230,450 | £285,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £350,000 | £350,000 | OLD EXCHANGE BIRMINGHAM ROAD |
| 9 May 2024 | £478,000 | £478,000 | WELFORD HOUSE HORSEBRIDGE AVENUE |
| 11 Dec 2023 | £263,084 | £255,000 | CARTWHEELS, 12 BANKS ROAD |
| 24 Nov 2022 | £343,394 | £345,000 | 48 HORSEBRIDGE AVENUE |
| 19 Aug 2022 | £306,433 | £305,000 | 55 BANKS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Quarry |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Packs Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Packs Close |
| Oct 2024 | Anti-social behaviour | On or near Banks Road |