£254,300
This estimated value is based upon the latest sale price for the house of £51,950 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £51,950 | 12 Dec 1997 |
| £45,000 | 12 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 1997 the House Price Index for WORCESTERSHIRE was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £51,950 results in an estimated price of approximately £254,300.
| 12 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £51,950 | £202,350 | £254,300 |
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 | 457.434 % | £237,637 | £289,587 |
| 3 Month Average | 416.032 % | £216,128 | £268,078 |
| 6 Month Average | 368.460 % | £191,414 | £243,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £213,156 | £210,000 | 3 WOOLHOPE ROAD |
| 23 Jun 2023 | £281,409 | £278,000 | 12A WOOLHOPE ROAD |
| 13 Apr 2023 | £389,190 | £385,000 | 30 WOOLHOPE ROAD |
| 3 Apr 2023 | £348,755 | £345,000 | 24 WOOLHOPE ROAD |
| 17 Nov 2022 | £177,846 | £180,000 | 2 DIGLIS COURT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Mar 2014. Using an estimated price of £254,300 means this house is valued at £2,956 per sq meter (£274 per sq foot).
The average size of a house on WOOLHOPE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woolhope Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Woolhope Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Field Terrace |
| Jan 2024 | Drugs | Under investigation | On or near Lower Field Terrace |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Field Terrace |