£387,764
This estimated value is based upon the latest sale price for the house of £229,500 on 30 Apr 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There has been one burglary within the last year on or near Back Lane
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| Price Paid | Date |
|---|---|
| £229,500 | 30 Apr 2013 |
| £131,795 | 15 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 April 2013 the House Price Index for WORCESTERSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £229,500 results in an estimated price of approximately £387,764.
| 30 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £229,500 | £158,264 | £387,764 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 42.700 % | £97,997 | £327,497 |
| 3 Month Average | 66.841 % | £153,399 | £382,899 |
| 6 Month Average | 68.910 % | £158,149 | £387,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £3,224,229 | £3,151,000 | 9 VICTORIA ROAD |
| 1 Sep 2023 | £818,033 | £800,000 | CORNERSTONES BACK LANE |
| 16 Aug 2023 | £134,424 | £132,000 | FLAT 5 ORIEL HOUSE, 46 WORCESTER ROAD |
| 27 Jun 2023 | £162,252 | £159,000 | FLAT 9 ORIEL HOUSE, 46 WORCESTER ROAD |
| 2 Jun 2023 | £202,049 | £198,000 | APARTMENT 4 SPRINGFIELD LODGE, 52 GRAHAM ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Nov 2012. Using an estimated price of £387,764 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on GRAHAM ROAD is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Back Lane | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Back Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |