£221,815
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Oct 2018 |
| £136,500 | 10 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 £180,000 results in an estimated price of approximately £221,815.
| 15 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £180,000 | £41,815 | £221,815 |
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 % | £121,915 | £301,915 |
| 3 Month Average | 36.960 % | £66,528 | £246,528 |
| 6 Month Average | 19.165 % | £34,496 | £214,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £162,404 | £160,000 | 200 MEDWAY ROAD |
| 31 Jan 2023 | £238,875 | £240,000 | 11 HELFORD CLOSE |
| 12 Jan 2023 | £238,875 | £240,000 | 26 CALDER ROAD |
| 22 Jul 2022 | £200,540 | £200,000 | 198 MEDWAY ROAD |
| 19 Jan 2022 | £126,289 | £120,000 | 30 CALDER ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 3 Jul 2018. Using an estimated price of £221,816 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on MEDWAY ROAD is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Calder Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Calder Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thames Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Thames Close |