£204,572
This estimated value is based upon the latest sale price for the house of £104,950 on 20 Jul 2004. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £104,950 | 20 Jul 2004 |
| £49,950 | 20 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2004 the House Price Index for WORCESTERSHIRE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £104,950 results in an estimated price of approximately £204,572.
| 20 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £104,950 | £99,622 | £204,572 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 111.907 % | £117,446 | £222,396 |
| 3 Month Average | 103.811 % | £108,950 | £213,900 |
| 6 Month Average | 82.999 % | £87,107 | £192,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £139,566 | £137,500 | 48 ALBERT ROAD |
| 10 Nov 2023 | £294,358 | £290,000 | 24 VICTORIA AVENUE |
| 21 Jun 2023 | £273,311 | £270,000 | 86 VICTORIA AVENUE |
| 24 Feb 2023 | £264,822 | £265,000 | 24 ALBERT ROAD |
| 8 Feb 2023 | £256,827 | £257,000 | 20 VICTORIA AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 30 Dec 2019. Using an estimated price of £204,573 means this house is valued at £3,719 per sq meter (£345 per sq foot).
The average size of a house on EDWARD CLOSE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Edward Close | |
| Dec 2023 | Anti-social behaviour | On or near Edward Close | |
| Dec 2023 | Anti-social behaviour | On or near Edward Close | |
| Dec 2023 | Anti-social behaviour | On or near Edward Close | |
| Mar 2024 | Anti-social behaviour | On or near Burlingham Square |