£107,478
This estimated value is based upon the latest sale price for the house of £87,000 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 8 Mar 2019 |
| £75,500 | 24 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 March 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £87,000 results in an estimated price of approximately £107,478.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £87,000 | £20,478 | £107,478 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -12.465 % | £-10,844 | £76,155 |
| 3 Month Average | 7.467 % | £6,496 | £93,496 |
| 6 Month Average | 18.274 % | £15,898 | £102,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £109,115 | £107,500 | FLAT 5 NORBURY HOUSE FRIAR STREET |
| 9 Jun 2023 | £131,594 | £130,000 | FLAT 421 NORBURY HOUSE FRIAR STREET |
| 27 Feb 2023 | £89,939 | £90,000 | FLAT 310 NORBURY HOUSE FRIAR STREET |
| 12 Sep 2022 | £132,927 | £134,000 | FLAT 102 NORBURY HOUSE FRIAR STREET |
| 27 May 2022 | £99,882 | £98,000 | FLAT 201 NORBURY HOUSE FRIAR STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 26 Jun 2019. Using an estimated price of £107,479 means this house is valued at £2,904 per sq meter (£269 per sq foot).
The average size of a house on FRIAR STREET is 47 sq meters (510 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |