£400,226
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Dec 2006. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Dec 2006 |
| £222,500 | 20 Feb 2004 |
| 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 December 2006 the House Price Index for WORCESTERSHIRE was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £240,000 results in an estimated price of approximately £400,226.
| 1 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £240,000 | £160,226 | £400,226 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | 5.623 % | £13,495 | £253,495 |
| 3 Month Average | 16.033 % | £38,479 | £278,479 |
| 6 Month Average | 20.723 % | £49,734 | £289,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £274,959 | £270,000 | APARTMENT 2 VICTORIA INSTITUTE SANSOME WALK |
| 21 Apr 2023 | £105,982 | £104,000 | 6 TAYLORS COURT TAYLORS LANE |
| 15 Mar 2023 | £381,369 | £375,000 | 24 FOREGATE STREET |
| 7 Mar 2023 | £70,833 | £69,650 | FLAT 9 18 FOREGATE STREET |
| 15 Feb 2023 | £45,303 | £45,000 | 18 FOREGATE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Taylor'S Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Taylor'S Lane |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Parking Area |