£219,343
This estimated value is based upon the latest sale price for the house of £178,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £178,000 | 23 Nov 2018 |
| £160,000 | 17 May 2017 |
| £130,000 | 12 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 608 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 £178,000 results in an estimated price of approximately £219,343.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £178,000 | £41,343 | £219,343 |
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 | 75.870 % | £135,047 | £313,047 |
| 3 Month Average | 27.453 % | £48,865 | £226,865 |
| 6 Month Average | 35.825 % | £63,768 | £241,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £302,648 | £300,000 | 40 SOMERS PARK AVENUE |
| 17 Aug 2023 | £413,618 | £410,000 | AVENHAM FREDERICK ROAD |
| 24 Jul 2023 | £304,093 | £300,000 | 49 FREDERICK ROAD |
| 30 Jun 2023 | £425,150 | £420,000 | 1 FREDERICK ROAD |
| 18 Jul 2022 | £205,553 | £205,000 | 87 FREDERICK ROAD |
This house has a floor area of 56 sq meters or 608 sq feet when measured on 4 Feb 2012. Using an estimated price of £219,343 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on FREDERICK ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Frederick Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frederick Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frederick Road |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Frederick Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Quest Hills Road |