£322,799
This estimated value is based upon the latest sale price for the house of £243,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £243,000 | 9 Sep 2016 |
| £60,000 | 21 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 September 2016 the House Price Index for WORCESTERSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £243,000 results in an estimated price of approximately £322,799.
| 9 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £243,000 | £79,799 | £322,799 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | -12.235 % | £-29,731 | £213,268 |
| 3 Month Average | 8.971 % | £21,798 | £264,798 |
| 6 Month Average | 34.241 % | £83,205 | £326,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £299,621 | £297,000 | 16 ABBERLEY DRIVE |
| 30 Aug 2023 | £299,621 | £297,000 | 1 PELHAM ROAD |
| 28 Jul 2023 | £223,001 | £220,000 | 17 ABBERLEY DRIVE |
| 18 Jul 2023 | £258,479 | £255,000 | 4 ABBERLEY DRIVE |
| 27 Jan 2023 | £364,284 | £366,000 | 13 PENRICE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 10 Sep 2014. Using an estimated price of £322,799 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on PELHAM ROAD is 120 sq meters (1,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pelham Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |