£282,509
This estimated value is based upon the latest sale price for the house of £250,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 May 2021 |
| £172,000 | 11 Aug 2006 |
| £93,500 | 2 Jan 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 970 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 May 2021 the House Price Index for WORCESTERSHIRE was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £250,000 results in an estimated price of approximately £282,509.
| 28 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £250,000 | £32,509 | £282,509 |
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 | 7.407 % | £18,517 | £268,517 |
| 3 Month Average | 6.536 % | £16,339 | £266,339 |
| 6 Month Average | 6.897 % | £17,241 | £267,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £81,202 | £80,000 | 51 VERNON ROAD |
| 22 Sep 2023 | £152,956 | £151,000 | 48 GIBBONS CRESCENT |
| 7 Sep 2023 | £183,851 | £181,500 | FLAT 30 SCHOOL GARDENS VERNON ROAD |
| 28 Jul 2023 | £182,456 | £180,000 | FLAT 24 SCHOOL GARDENS VERNON ROAD |
| 2 Jun 2023 | £252,053 | £249,000 | 74 BEWDLEY ROAD |
This house has a floor area of 90 sq meters or 970 sq feet when measured on 28 Jul 2010. Using an estimated price of £282,510 means this house is valued at £3,132 per sq meter (£290 per sq foot).
The average size of a house on PARK AVENUE is 136 sq meters (1,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorsett Road |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Park Crescent |