£318,938
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 28 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2005 the House Price Index for WORCESTERSHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £175,000 results in an estimated price of approximately £318,938.
| 28 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £175,000 | £143,938 | £318,938 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -52.491 % | £-91,859 | £83,140 |
| 3 Month Average | 1.554 % | £2,718 | £177,718 |
| 6 Month Average | 25.044 % | £43,826 | £218,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £61,068 | £60,000 | FLAT 6 TYTHING COURT, 7 - 8 THE TYTHING |
| 25 Aug 2023 | £355,611 | £352,500 | 39 THE TYTHING |
| 16 Jun 2023 | £154,876 | £153,000 | APARTMENT 16 2 SURMAN STREET |
| 15 Jul 2022 | £200,540 | £200,000 | 1 SANSOME MEWS |
| 10 Jun 2022 | £195,259 | £192,500 | APARTMENT 19 2 SURMAN STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Jul 2020. Using an estimated price of £318,938 means this house is valued at £4,369 per sq meter (£405 per sq foot).
The average size of a house on SURMAN STREET is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Tything |
| Mar 2024 | Anti-social behaviour | On or near The Tything | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Tything |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near The Tything |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near The Tything |