£194,949
This estimated value is based upon the latest sale price for the house of £115,000 on 16 Jan 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 16 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2013 the House Price Index for WORCESTERSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £115,000 results in an estimated price of approximately £194,949.
| 16 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £115,000 | £79,949 | £194,949 |
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 | 155.753 % | £179,116 | £294,116 |
| 3 Month Average | 59.094 % | £67,958 | £182,958 |
| 6 Month Average | 61.834 % | £71,109 | £186,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,295 | £185,000 | 5 REDLAND CLOSE |
| 4 Aug 2023 | £282,471 | £280,000 | 37 LECHMERE CRESCENT |
| 3 Mar 2023 | £242,283 | £240,000 | 11 LECHMERE CRESCENT |
| 22 Apr 2022 | £275,986 | £268,000 | 66 JAMAICA ROAD |
| 3 Mar 2022 | £253,884 | £245,000 | 2 LECHMERE CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Oct 2012. Using an estimated price of £194,950 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on JAMAICA CRESCENT is 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Jamaica Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jamaica Road |
| Jan 2024 | Anti-social behaviour | On or near Jamaica Road | |
| Jan 2024 | Anti-social behaviour | On or near Jamaica Road | |
| Jan 2024 | Anti-social behaviour | On or near Jamaica Road |