£346,829
This estimated value is based upon the latest sale price for the house of £264,500 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £264,500 | 9 Dec 2016 |
| Detached |
| 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 December 2016 the House Price Index for WORCESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £264,500 results in an estimated price of approximately £346,829.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £264,500 | £82,329 | £346,829 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 101.682 % | £268,950 | £533,450 |
| 3 Month Average | 36.069 % | £95,402 | £359,902 |
| 6 Month Average | 38.470 % | £101,753 | £366,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £339,019 | £334,000 | 45 PICKERSLEIGH AVENUE |
| 31 Aug 2023 | £645,648 | £640,000 | 126 WORCESTER ROAD |
| 19 Jun 2023 | £212,575 | £210,000 | 140 WORCESTER ROAD |
| 1 Mar 2023 | £529,993 | £525,000 | 110 WORCESTER ROAD |
| 30 Jan 2023 | £587,234 | £590,000 | 124 WORCESTER ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 5 Sep 2016. Using an estimated price of £346,830 means this house is valued at £3,153 per sq meter (£292 per sq foot).
The average size of a house on PICKERSLEIGH AVENUE is 121 sq meters (1,311 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |