£181,845
This estimated value is based upon the latest sale price for the house of £163,000 on 13 Aug 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 13 Aug 2021 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2021 the House Price Index for WORCESTERSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £163,000 results in an estimated price of approximately £181,845.
| 13 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £163,000 | £18,845 | £181,845 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 14.571 % | £23,750 | £186,750 |
| 3 Month Average | 10.883 % | £17,739 | £180,739 |
| 6 Month Average | 13.528 % | £22,050 | £185,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £277,615 | £275,000 | APARTMENT 55 CARTWRIGHT COURT, 2 VICTORIA ROAD |
| 24 Feb 2023 | £77,948 | £78,000 | APARTMENT 14 CARTWRIGHT COURT, 2 VICTORIA ROAD |
| 16 Nov 2022 | £335,931 | £340,000 | 186 PICKERSLEIGH ROAD |
| 26 Sep 2022 | £69,439 | £70,000 | 18 PROSPECT CLOSE |
| 12 Aug 2022 | £179,517 | £180,000 | APARTMENT 24 CARTWRIGHT COURT, 2 VICTORIA ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jan 2020. Using an estimated price of £181,845 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on COTSWOLD ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cotswold Road |
| Mar 2024 | Other crime | Under investigation | On or near Prospect Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Prospect Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prospect Close |
| Feb 2024 | Anti-social behaviour | On or near Prospect Close |