£98,621
This estimated value is based upon the latest sale price for the house of £19,999 on 9 Dec 1997. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £19,999 | 9 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 December 1997 the House Price Index for WORCESTERSHIRE was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £19,999 results in an estimated price of approximately £98,621.
| 9 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £19,999 | £78,622 | £98,621 |
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 | 530.936 % | £106,181 | £126,180 |
| 3 Month Average | 408.539 % | £81,703 | £101,702 |
| 6 Month Average | 400.883 % | £80,172 | £100,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £145,739 | £143,500 | FLAT 6 WENTWORTH COURT DROITWICH ROAD |
| 24 Nov 2023 | £126,204 | £123,000 | FLAT 6 ST STEPHENS COURT, 17 DROITWICH ROAD |
| 25 Oct 2023 | £113,580 | £111,000 | FLAT 2 ARLINGTON COURT DROITWICH ROAD |
| 4 Oct 2023 | £140,695 | £137,500 | FLAT 4 ARLINGTON COURT DROITWICH ROAD |
| 1 Sep 2023 | £432,024 | £422,500 | 4 ST STEPHENS STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 18 Jul 2013. Using an estimated price of £98,622 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on DROITWICH ROAD is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Northcote Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northcote Street |
| May 2024 | Vehicle crime | Under investigation | On or near Northcote Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near St Stephen'S Street |