£503,087
This estimated value is based upon the latest sale price for the house of £425,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 14 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £425,000 results in an estimated price of approximately £503,087.
| 14 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £425,000 | £78,087 | £503,087 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 35.078 % | £149,083 | £574,083 |
| 3 Month Average | 50.571 % | £214,927 | £639,927 |
| 6 Month Average | 35.859 % | £152,401 | £577,401 |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 22 May 2018.
The average size of a house on MALVERN ROAD is 145 sq meters (1,570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whites Road |
| Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near Whites Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whites Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whites Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whites Road |