£416,949
This estimated value is based upon the latest sale price for the house of £340,000 on 9 Oct 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 9 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £340,000 results in an estimated price of approximately £416,949.
| 9 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £340,000 | £76,949 | £416,949 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 47.615 % | £161,890 | £501,890 |
| 3 Month Average | 7.995 % | £27,184 | £367,184 |
| 6 Month Average | 20.844 % | £70,868 | £410,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £146,878 | £145,000 | FLAT 2 70 BROMSGROVE ROAD |
| 25 Aug 2023 | £267,339 | £265,000 | 5 FERNEY HILL AVENUE |
| 15 Aug 2023 | £279,445 | £277,000 | 161 VICARAGE CRESCENT |
| 4 Jul 2023 | £380,116 | £375,000 | 62 BROMSGROVE ROAD |
| 27 Jun 2023 | £240,918 | £238,000 | 21 FERNEY HILL AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 5 Apr 2019. Using an estimated price of £416,950 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on BROMSGROVE ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Coppice Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coppice Close |
| Dec 2023 | Anti-social behaviour | On or near Coppice Close | |
| Dec 2023 | Anti-social behaviour | On or near Coppice Close | |
| Dec 2023 | Anti-social behaviour | On or near Coppice Close |