£206,413
This estimated value is based upon the latest sale price for the house of £55,000 on 30 Jun 2000. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 30 Jun 2000 |
| Terraced |
| 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 June 2000 the House Price Index for WORCESTERSHIRE was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £55,000 results in an estimated price of approximately £206,413.
| 30 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £55,000 | £151,413 | £206,413 |
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 | 333.252 % | £183,288 | £238,288 |
| 3 Month Average | 302.557 % | £166,406 | £221,406 |
| 6 Month Average | 273.020 % | £150,161 | £205,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £322,824 | £320,000 | 39 HAMILTON ROAD |
| 20 Apr 2023 | £232,503 | £230,000 | 34 HAMILTON ROAD |
| 24 Feb 2023 | £169,886 | £170,000 | 4 PRINCE RUPERT ROAD |
| 4 Jan 2023 | £253,804 | £255,000 | 58 WYLDS LANE |
| 18 Mar 2022 | £316,060 | £305,000 | 43 WYLDS LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Feb 2014. Using an estimated price of £206,414 means this house is valued at £2,219 per sq meter (£206 per sq foot).
The average size of a house on HAMILTON ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamilton Road |
| Feb 2024 | Other crime | Under investigation | On or near Derby Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Derby Road |
| Mar 2024 | Anti-social behaviour | On or near Clare Street |