£643,928
This estimated value is based upon the latest sale price for the house of £375,000 on 11 Feb 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 11 Feb 2011 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,329 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 February 2011 the House Price Index for WORCESTERSHIRE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £375,000 results in an estimated price of approximately £643,928.
| 11 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £375,000 | £268,928 | £643,928 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 92.464 % | £346,741 | £721,741 |
| 3 Month Average | 61.137 % | £229,264 | £604,264 |
| 6 Month Average | 54.272 % | £203,520 | £578,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £390,786 | £385,000 | 314 BIRMINGHAM ROAD |
| 28 Apr 2023 | £285,575 | £282,500 | 62 ODELL STREET |
| 3 Mar 2023 | £7,233,098 | £7,164,953 | BORDESLEY HALL THE HOLLOWAY |
| 23 Jan 2023 | £124,414 | £125,000 | 44 LACEBY CLOSE |
| 30 Aug 2022 | £319,141 | £320,000 | 44 ODELL STREET |
This house has a floor area of 123 sq meters or 1,329 sq feet when measured on 12 Oct 2010. Using an estimated price of £643,928 means this house is valued at £5,213 per sq meter (£484 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Birmingham Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redditch Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redditch Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redditch Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |