£701,241
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Dec 1996. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,613 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 December 1996 the House Price Index for WORCESTERSHIRE was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £130,000 results in an estimated price of approximately £701,241.
| 20 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £130,000 | £571,241 | £701,241 |
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 | 267.141 % | £347,283 | £477,283 |
| 3 Month Average | 348.356 % | £452,862 | £582,862 |
| 6 Month Average | 359.299 % | £467,089 | £597,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £553,190 | £545,000 | 197 WEST MALVERN ROAD |
| 22 Sep 2023 | £435,569 | £430,000 | WESTWOOD LODGE PARK ROAD |
| 14 Sep 2023 | £1,114,247 | £1,100,000 | GROSVENOR HOUSE PARK ROAD |
| 4 Sep 2023 | £538,384 | £531,500 | HILLSIDE BLACKHEATH WAY |
| 18 Jul 2023 | £443,469 | £437,500 | ADELAIDE HOUSE PARK ROAD |
This house has a floor area of 149 sq meters or 1,613 sq feet when measured on 17 Feb 2009. Using an estimated price of £701,242 means this house is valued at £4,679 per sq meter (£434 per sq foot).
The average size of a house on PARK ROAD is 218 sq meters (2,353 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Croft Bank |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lower Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ebrington Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ebrington Road |
| Jan 2024 | Anti-social behaviour | On or near Ebrington Road |