£196,155
This estimated value is based upon the latest sale price for the house of £42,000 on 22 Jul 1998. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 22 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 932 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 1998 the House Price Index for WORCESTERSHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £42,000 results in an estimated price of approximately £196,155.
| 22 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £42,000 | £154,155 | £196,155 |
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 | 398.087 % | £167,196 | £209,196 |
| 3 Month Average | 390.692 % | £164,090 | £206,090 |
| 6 Month Average | 342.887 % | £144,012 | £186,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £271,520 | £267,500 | 122 LONDON ROAD |
| 9 Jun 2023 | £301,148 | £297,500 | 79 VICTORIA AVENUE |
| 6 Jan 2023 | £278,687 | £280,000 | 23 VICTORIA AVENUE |
| 16 Sep 2022 | £248,791 | £250,800 | 396 WYLDS LANE |
| 7 Sep 2022 | £213,278 | £215,000 | 400 WYLDS LANE |
This house has a floor area of 86 sq meters or 932 sq feet when measured on 25 Feb 2009. Using an estimated price of £196,156 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on WYLDS LANE is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Avenue | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Catherine'S Vale |