£127,903
This estimated value is based upon the latest sale price for the house of £75,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 25 May 2012 |
| £38,000 | 1 Apr 1998 |
| £37,500 | 21 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
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 May 2012 the House Price Index for WORCESTERSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £75,000 results in an estimated price of approximately £127,903.
| 25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £75,000 | £52,903 | £127,903 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -57.419 % | £-43,064 | £31,935 |
| 3 Month Average | -10.688 % | £-8,015 | £66,984 |
| 6 Month Average | 19.520 % | £14,640 | £89,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £70,618 | £70,000 | FLAT 11 HOMENASH HOUSE ST GEORGES LANE NORTH |
| 1 Aug 2023 | £182,597 | £181,000 | 13 HENRY STREET |
| 11 Apr 2023 | £64,697 | £64,000 | FLAT 24 HOMENASH HOUSE ST GEORGES LANE NORTH |
| 3 Mar 2023 | £59,561 | £59,000 | FLAT 47 HOMENASH HOUSE ST GEORGES LANE NORTH |
| 26 Aug 2022 | £94,745 | £95,000 | FLAT 64 HOMENASH HOUSE ST GEORGES LANE NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Henry Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Georges Lane North |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Georges Lane North |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Georges Lane North |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Georges Lane North |