£602,327
This estimated value is based upon the latest sale price for the house of £581,250 on 3 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £581,250 | 3 Mar 2022 |
| £220,000 | 31 May 2002 |
| £184,950 | 14 Aug 2000 |
| £102,000 | 4 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 March 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £581,250 results in an estimated price of approximately £602,327.
| 3 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £581,250 | £21,077 | £602,327 |
The Postcode Pricing Model uses changes in average sales price within the WR3 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 | 23.989 % | £139,435 | £720,685 |
| 3 Month Average | 29.115 % | £169,231 | £750,481 |
| 6 Month Average | 9.963 % | £57,909 | £639,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £591,761 | £583,000 | 54 PARK AVENUE |
| 23 Aug 2023 | £309,205 | £306,500 | 38 LAVENDER ROAD |
| 14 Jul 2023 | £253,411 | £250,000 | 21 VICTORIA STREET |
| 10 Jul 2023 | £258,479 | £255,000 | 30 VICTORIA STREET |
| 3 Mar 2022 | £602,327 | £581,250 | 34 PARK AVENUE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 6 Mar 2020. Using an estimated price of £602,327 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on PARK AVENUE is 150 sq meters (1,617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bourne Street |