£181,535
This estimated value is based upon the latest sale price for the house of £149,950 on 29 Oct 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 29 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £149,950 results in an estimated price of approximately £181,535.
| 29 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £149,950 | £31,585 | £181,535 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 14.892 % | £22,330 | £172,280 |
| 3 Month Average | 54.429 % | £81,615 | £231,565 |
| 6 Month Average | 31.388 % | £47,066 | £197,016 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Jul 2019.
The average size of a house on DRAKE AVENUE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Hurdman Road |
| Jan 2024 | Anti-social behaviour | On or near Hurdman Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hurdman Road |
| Feb 2024 | Burglary | Under investigation | On or near Stainburn Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stainburn Close |