£281,716
This estimated value is based upon the latest sale price for the house of £194,000 on 26 Jun 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,000 | 26 Jun 2015 |
| £220,000 | 31 Jan 2006 |
| £165,000 | 14 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 June 2015 the House Price Index for WORCESTERSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £194,000 results in an estimated price of approximately £281,716.
| 26 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £194,000 | £87,716 | £281,716 |
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 | 76.034 % | £147,506 | £341,506 |
| 3 Month Average | 70.586 % | £136,937 | £330,937 |
| 6 Month Average | 48.144 % | £93,398 | £287,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £407,123 | £400,000 | 55 THE HILL AVENUE |
| 21 Jul 2023 | £248,342 | £245,000 | 8 BOLSTON ROAD |
| 27 Jun 2023 | £248,004 | £245,000 | 112 WOOLHOPE ROAD |
| 12 Jan 2023 | £243,851 | £245,000 | 2 BOLSTON ROAD |
| 7 Jul 2022 | £556,498 | £555,000 | 14 THE HILL AVENUE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 31 Oct 2018. Using an estimated price of £281,717 means this house is valued at £1,942 per sq meter (£180 per sq foot).
The average size of a house on WOOLHOPE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bolston Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bolston Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near St Dunstan'S Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woolhope Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Woolhope Road |