£275,317
This estimated value is based upon the latest sale price for the house of £237,475 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £237,475 | 5 Nov 2020 |
| £175,000 | 26 Jan 2015 |
| £177,000 | 12 Jan 2007 |
| £49,500 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 November 2020 the House Price Index for WORCESTERSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £237,475 results in an estimated price of approximately £275,317.
| 5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £237,475 | £37,842 | £275,317 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 60.453 % | £143,560 | £381,035 |
| 3 Month Average | 25.911 % | £61,532 | £299,007 |
| 6 Month Average | 9.412 % | £22,350 | £259,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £222,092 | £220,000 | 10 MONTFORT STREET |
| 15 Jul 2022 | £365,985 | £365,000 | 8 ELM ROAD |
| 26 May 2022 | £244,609 | £240,000 | 12 ELM ROAD |
| 18 Mar 2022 | £170,983 | £165,000 | 29 ELM ROAD |
| 11 Feb 2022 | £272,661 | £260,000 | 44 KINGS ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 3 Nov 2014. Using an estimated price of £275,317 means this house is valued at £2,502 per sq meter (£232 per sq foot).
The average size of a house on ELM ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |