£277,312
This estimated value is based upon the latest sale price for the house of £190,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 29 May 2015 |
| £163,000 | 22 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2015 the House Price Index for WORCESTERSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £190,000 results in an estimated price of approximately £277,312.
| 29 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £190,000 | £87,312 | £277,312 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 24.655 % | £46,844 | £236,844 |
| 3 Month Average | 30.405 % | £57,769 | £247,769 |
| 6 Month Average | 41.128 % | £78,142 | £268,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £182,807 | £180,101 | FLAT 31 BARBOURNE WORKS NORTHWICK AVENUE |
| 5 Sep 2023 | £261,342 | £258,000 | 5 NORTHWICK AVENUE |
| 10 Jul 2023 | £258,479 | £255,000 | 30 VICTORIA STREET |
| 8 Jun 2023 | £157,913 | £156,000 | FLAT 22 BARBOURNE WORKS NORTHWICK AVENUE |
| 6 Apr 2023 | £163,763 | £162,000 | FLAT 38 BARBOURNE WORKS NORTHWICK AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 May 2014. Using an estimated price of £277,313 means this house is valued at £2,981 per sq meter (£277 per sq foot).
The average size of a house on NORTHWICK WALK is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sabrina Walk |
| Mar 2024 | Anti-social behaviour | On or near Union Place | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Street |