£182,381
This estimated value is based upon the latest sale price for the house of £148,000 on 18 Oct 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 18 Oct 2018 |
| £153,000 | 28 Jul 2017 |
| £130,000 | 22 May 2014 |
| £72,950 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £148,000 results in an estimated price of approximately £182,381.
| 18 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £148,000 | £34,381 | £182,381 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | -17.664 % | £-26,142 | £121,857 |
| 3 Month Average | 9.562 % | £14,151 | £162,151 |
| 6 Month Average | 21.445 % | £31,738 | £179,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £191,807 | £190,000 | 38 FRANCHISE STREET |
| 20 Feb 2023 | £169,886 | £170,000 | 37 HOLMAN STREET |
| 3 Feb 2023 | £89,939 | £90,000 | FLAT 3 WELLINGTON COURT SUTTON ROAD |
| 27 Jan 2023 | £258,781 | £260,000 | 1 HOLMAN STREET |
| 23 Jan 2023 | £186,123 | £187,000 | 49 FRANCHISE STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 7 Feb 2014. Using an estimated price of £182,382 means this house is valued at £1,704 per sq meter (£158 per sq foot).
The average size of a house on FRANCHISE STREET is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holman Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holman Street |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Talbot Street |
| Feb 2024 | Anti-social behaviour | On or near Franchise Street | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Franchise Street |