£238,825
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Sep 2021. 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
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Sep 2021 |
| 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 September 2021 the House Price Index for WORCESTERSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £220,000 results in an estimated price of approximately £238,825.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £220,000 | £18,825 | £238,825 |
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 | -1.554 % | £-3,418 | £216,581 |
| 3 Month Average | 24.383 % | £53,642 | £273,642 |
| 6 Month Average | 15.744 % | £34,635 | £254,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £209,764 | £205,000 | FLAT 2 2 WORCESTER ROAD |
| 7 Sep 2023 | £245,410 | £240,000 | MONTAGUE HOUSE, 8 WORCESTER 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 |
| 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 Shopping Area |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |