£77,369
This estimated value is based upon the latest sale price for the house of £48,500 on 5 Feb 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £48,500 | 5 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 February 2014 the House Price Index for WORCESTERSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £48,500 results in an estimated price of approximately £77,369.
| 5 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £48,500 | £28,869 | £77,369 |
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 | 54.878 % | £26,615 | £75,115 |
| 3 Month Average | 48.722 % | £23,630 | £72,130 |
| 6 Month Average | 51.415 % | £24,936 | £73,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £78,683 | £78,000 | FLAT 57 MORGAN COURT WORCESTER ROAD |
| 13 Dec 2023 | £98,012 | £95,000 | FLAT 44 MORGAN COURT WORCESTER ROAD |
| 22 Sep 2023 | £74,645 | £73,000 | FLAT 27 MORGAN COURT WORCESTER ROAD |
| 7 Sep 2023 | £971,414 | £950,000 | 24 SOMERS ROAD |
| 29 Aug 2023 | £336,061 | £330,000 | APARTMENT 1 BEACON COURT, 20 ALBERT PARK ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 3 Apr 2021. Using an estimated price of £77,369 means this house is valued at £1,934 per sq meter (£179 per sq foot).
The average size of a house on WORCESTER ROAD is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Jenny Lind Grove |
| Sep 2024 | Anti-social behaviour | On or near Tabor Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Tabor Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Bond Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bond Street |