£209,492
This estimated value is based upon the latest sale price for the house of £170,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 22 Oct 2018 |
| £99,950 | 31 Jan 2003 |
| £40,000 | 17 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £170,000 results in an estimated price of approximately £209,492.
| 22 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £170,000 | £39,492 | £209,492 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 67.731 % | £115,142 | £285,142 |
| 3 Month Average | 36.960 % | £62,832 | £232,832 |
| 6 Month Average | 19.165 % | £32,579 | £202,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £183,205 | £180,000 | 3 STANLEY STREET |
| 11 Dec 2023 | £295,164 | £290,000 | 24 ORCHARD STREET |
| 29 Sep 2023 | £153,969 | £152,000 | APARTMENT 2 ORCHARD PLACE ORCHARD STREET |
| 18 Sep 2023 | £278,562 | £275,000 | 180 BATH ROAD |
| 28 Feb 2023 | £494,667 | £495,000 | PRICE & WESTON ORCHARD STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Feb 2018. Using an estimated price of £209,493 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on ORCHARD STREET is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Feb 2024 | Drugs | Under investigation | On or near Orchard Street |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Street |