£614,891
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Apr 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 15 Apr 2014 |
| £370,000 | 6 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,003 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 April 2014 the House Price Index for WORCESTERSHIRE was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £400,000 results in an estimated price of approximately £614,891.
| 15 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £400,000 | £214,891 | £614,891 |
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 | 62.589 % | £250,354 | £650,354 |
| 3 Month Average | 55.937 % | £223,747 | £623,747 |
| 6 Month Average | 51.486 % | £205,942 | £605,942 |
This house has a floor area of 186 sq meters or 2,003 sq feet when measured on 10 Dec 2008.
The average size of a house on PARK AVENUE is 150 sq meters (1,617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Kepax Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Chacewater Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waterworks Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waterworks Road |