£206,819
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Apr 2017. 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 Oak Avenue
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Apr 2017 |
| £115,000 | 4 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2017 the House Price Index for WORCESTERSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £160,000 results in an estimated price of approximately £206,819.
| 21 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £160,000 | £46,819 | £206,819 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | -42.999 % | £-68,797 | £91,202 |
| 3 Month Average | 3.806 % | £6,089 | £166,089 |
| 6 Month Average | 33.408 % | £53,453 | £213,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £260,151 | £257,000 | 94 BLACKPOLE ROAD |
| 25 Mar 2022 | £222,796 | £215,000 | 2 CEDAR AVENUE |
| 25 Mar 2022 | £204,144 | £197,000 | 5 OAK AVENUE |
| 24 Mar 2022 | £170,983 | £165,000 | 16 POPLAR AVENUE |
| 11 Mar 2022 | £215,543 | £208,000 | 3 CEDAR AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Nov 2016. Using an estimated price of £206,820 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on OAK AVENUE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Oak Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Thorn Avenue |
| Dec 2023 | Public order | Awaiting court outcome | On or near Redwood Close |