£891,185
This estimated value is based upon the latest sale price for the house of £860,000 on 22 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £860,000 | 22 Mar 2022 |
| £525,000 | 18 May 2007 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 March 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £860,000 results in an estimated price of approximately £891,185.
| 22 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £860,000 | £31,185 | £891,185 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 54.892 % | £472,069 | £1,332,069 |
| 3 Month Average | -7.250 % | £-62,353 | £797,646 |
| 6 Month Average | 10.488 % | £90,195 | £950,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £435,569 | £430,000 | WESTWOOD LODGE PARK ROAD |
| 14 Sep 2023 | £1,114,247 | £1,100,000 | GROSVENOR HOUSE PARK ROAD |
| 4 Sep 2023 | £538,384 | £531,500 | HILLSIDE BLACKHEATH WAY |
| 18 Jul 2023 | £443,469 | £437,500 | ADELAIDE HOUSE PARK ROAD |
| 28 Feb 2023 | £1,169,213 | £1,170,000 | MATHON LODGE FARM HARCOURT ROAD |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 14 Jul 2021. Using an estimated price of £891,186 means this house is valued at £4,264 per sq meter (£396 per sq foot).
The average size of a house on WEST MALVERN ROAD is 128 sq meters (1,384 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Croft Bank |