£187,155
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Nov 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Nov 2014 |
| £115,000 | 7 Jun 2013 |
| £70,000 | 1 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2014 the House Price Index for WORCESTERSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £125,000 results in an estimated price of approximately £187,155.
| 17 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £125,000 | £62,155 | £187,155 |
The Postcode Pricing Model uses changes in average sales price within the DY13 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 | 55.054 % | £68,817 | £193,817 |
| 3 Month Average | 31.300 % | £39,125 | £164,125 |
| 6 Month Average | 42.213 % | £52,766 | £177,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £1,319,533 | £1,299,997 | ARELEY KINGS POST OFFICE, 63 ARELEY COMMON |
| 28 Jul 2023 | £169,278 | £167,000 | 52 ARELEY COMMON |
| 21 Jul 2023 | £187,524 | £185,000 | 12 ARELEY COMMON |
| 7 Jul 2023 | £230,097 | £227,000 | 25 ARELEY COMMON |
| 7 Jul 2023 | £268,615 | £265,000 | PLEINMONT ARELEY COMMON |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 21 May 2012. Using an estimated price of £187,155 means this house is valued at £3,226 per sq meter (£299 per sq foot).
The average size of a house on ARELEY COMMON is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near B4196 | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near B4196 |
| Dec 2023 | Anti-social behaviour | On or near B4196 | |
| Dec 2023 | Anti-social behaviour | On or near B4196 | |
| Dec 2023 | Anti-social behaviour | On or near B4196 |