£207,923
This estimated value is based upon the latest sale price for the house of £81,000 on 1 Nov 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 1 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2002 the House Price Index for WORCESTERSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £81,000 results in an estimated price of approximately £207,923.
| 1 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £81,000 | £126,923 | £207,923 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | 60.055 % | £48,644 | £129,644 |
| 3 Month Average | 69.312 % | £56,143 | £137,143 |
| 6 Month Average | 89.504 % | £72,498 | £153,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £268,982 | £265,000 | 5A HIGHLAND ROAD |
| 3 Nov 2023 | £289,283 | £285,000 | 81 TUNNEL HILL |
| 29 Nov 2022 | £219,343 | £222,000 | 40 TUNNEL HILL |
| 18 Feb 2022 | £202,398 | £193,000 | 51A HOLLYMOUNT |
| 22 Dec 2021 | £257,131 | £240,000 | 70 TUNNEL HILL |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Mar 2013. Using an estimated price of £207,923 means this house is valued at £2,970 per sq meter (£275 per sq foot).
The average size of a house on HOLLYMOUNT is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mulberry Terrace |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mulberry Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mulberry Terrace |
| Jan 2024 | Drugs | Under investigation | On or near Mulberry Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Highland Road |