£279,150
This estimated value is based upon the latest sale price for the house of £171,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £171,000 | 2 Aug 2013 |
| £156,000 | 27 Apr 2012 |
| £124,950 | 24 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 799 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 2013 the House Price Index for WORCESTERSHIRE was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £171,000 results in an estimated price of approximately £279,150.
| 2 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £171,000 | £108,150 | £279,150 |
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 | 30.561 % | £52,259 | £223,259 |
| 3 Month Average | 47.799 % | £81,736 | £252,736 |
| 6 Month Average | 56.533 % | £96,672 | £267,672 |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 1 Dec 2011.
The average size of a house on MERICK ROAD is 114 sq meters (1,228 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Under investigation | On or near Merick Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Oak Gardens |
| Dec 2023 | Anti-social behaviour | On or near Royal Oak Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Royal Oak Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Royal Oak Gardens |