£898,492
This estimated value is based upon the latest sale price for the house of £532,500 on 21 Mar 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
There have been two burglaries within the last year on or near Back Lane South
More crime details
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Price Paid | Date |
---|---|
£532,500 | 21 Mar 2012 |
£485,000 | 11 Aug 2009 |
£340,000 | 2 Sep 2003 |
£340,000 | 2 Sep 2003 |
Terraced |
Freehold |
Floor Area: 158 sq meters or 1,702 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 March 2012 the House Price Index for WORCESTERSHIRE was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £532,500 results in an estimated price of approximately £898,492.
21 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 146.7 | 68.731 % | £532,500 | £365,992 | £898,492 |
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 | -44.372 % | £-236,282 | £296,217 |
3 Month Average | -9.529 % | £-50,740 | £481,759 |
6 Month Average | 36.691 % | £195,380 | £727,880 |
This house has a floor area of 158 sq meters or 1,702 sq feet when measured on 28 Apr 2009.
The average size of a house on BRITANNIA SQUARE is 176 sq meters (1,904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Back Lane South |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Back Lane South |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Lane South |
Nov 2023 | Burglary | Unable to prosecute suspect | On or near Back Lane South |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Back Lane South |