£252,614
This estimated value is based upon the latest sale price for the house of £205,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 5 Nov 2018 |
| £123,000 | 16 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2018 the House Price Index for WORCESTERSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £205,000 results in an estimated price of approximately £252,614.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £205,000 | £47,614 | £252,614 |
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 | 4.712 % | £9,659 | £214,659 |
| 3 Month Average | 7.986 % | £16,371 | £221,371 |
| 6 Month Average | 18.311 % | £37,537 | £242,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Feb 2022 | £199,252 | £190,000 | 8 WILFRED CLOSE |
| 1 Dec 2021 | £238,917 | £223,000 | 18 MERRIMANS HILL ROAD |
| 30 Sep 2021 | £183,191 | £170,000 | 77 BISHOPS AVENUE |
| 9 Apr 2021 | £162,037 | £143,500 | 3 WILFRED CLOSE |
| 18 Feb 2021 | £215,691 | £190,000 | 17 MERRIMANS HILL ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Feb 2018. Using an estimated price of £252,614 means this house is valued at £3,413 per sq meter (£317 per sq foot).
The average size of a house on BISHOPS AVENUE is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bishops Avenue |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Merrimans Court |
| Jan 2024 | Anti-social behaviour | On or near Merrimans Court | |
| Jan 2024 | Anti-social behaviour | On or near Merrimans Court | |
| Jan 2024 | Anti-social behaviour | On or near Merrimans Court |