£586,006
This estimated value is based upon the latest sale price for the house of £458,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There have been two burglaries within the last year on or near College Road
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Price Paid | Date |
---|---|
£458,000 | 11 Aug 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 August 2017 the House Price Index for WORCESTERSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £458,000 results in an estimated price of approximately £586,006.
11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £458,000 | £128,006 | £586,006 |
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 | 23.737 % | £108,715 | £566,715 |
3 Month Average | 30.727 % | £140,731 | £598,731 |
6 Month Average | 25.207 % | £115,449 | £573,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £340,227 | £332,500 | THE MANSE HOUSE, 41A WELLS ROAD |
16 Mar 2023 | £183,057 | £180,000 | FLAT 8 HARDWICKE HOUSE, 55 ABBEY ROAD |
24 Feb 2023 | £276,849 | £275,000 | 41C WELLS ROAD |
2 Sep 2022 | £164,890 | £165,000 | FLAT 7 HARDWICKE HOUSE, 55 ABBEY ROAD |
22 Apr 2022 | £217,859 | £210,000 | 41B WELLS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 26 Jan 2017. Using an estimated price of £586,007 means this house is valued at £7,146 per sq meter (£663 per sq foot).
The average size of a house on WELLS ROAD is 160 sq meters (1,730 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near College Road |
Jul 2024 | Anti-social behaviour | On or near College Road | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near College Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near College Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bellmere Gardens |