£618,380
This estimated value is based upon the latest sale price for the house of £490,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 6 Oct 2017 |
| £245,000 | 22 Jan 2002 |
| Detached |
| Freehold |
| Floor Area: 205 sq meters or 2,206 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 2017 the House Price Index for WORCESTERSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £490,000 results in an estimated price of approximately £618,380.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £490,000 | £128,380 | £618,380 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 42.434 % | £207,926 | £697,926 |
| 3 Month Average | 40.333 % | £197,633 | £687,633 |
| 6 Month Average | 26.368 % | £129,200 | £619,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £438,839 | £435,000 | 52 MORTLAKE AVENUE |
| 4 Jul 2022 | £557,055 | £555,555 | 38 SILVERDALE AVENUE |
| 8 Jun 2022 | £405,734 | £400,000 | FLAT 1 40 LARK HILL |
| 17 May 2022 | £366,914 | £360,000 | 5 WYCH ELM CLOSE |
| 18 Dec 2020 | £384,484 | £335,000 | 6 WYCH ELM CLOSE |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 5 Jul 2017. Using an estimated price of £618,380 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on SILVERDALE AVENUE is 149 sq meters (1,606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Lark Hill |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mortlake Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Mortlake Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mortlake Avenue |