£720,835
This estimated value is based upon the latest sale price for the house of £118,500 on 10 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 10 Oct 2023 |
| £99,500 | 29 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 482 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 2023 the House Price Index for WORCESTERSHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £118,500 results in an estimated price of approximately £720,835.
| 10 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £118,500 | £602,335 | £720,835 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | -28.206 % | £-33,424 | £85,075 |
| 3 Month Average | 14.829 % | £17,572 | £136,072 |
| 6 Month Average | 10.755 % | £12,744 | £131,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £222,951 | £219,950 | 45 PARK LANE |
| 2 Feb 2023 | £129,913 | £130,000 | FLAT 21 CASTLE LOCKS CASTLE ROAD |
| 31 Jan 2023 | £121,926 | £122,500 | FLAT 41 CASTLE LOCKS CASTLE ROAD |
| 2 Nov 2022 | £207,487 | £210,000 | 2 THE WATERFRONT PARK LANE |
| 19 Aug 2022 | £204,450 | £205,000 | 6 THE WATERFRONT PARK LANE |
This house has a floor area of 44 sq meters or 482 sq feet when measured on 15 Dec 2011.
The average size of a house on CASTLE ROAD is 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Park Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Park Lane |
| Mar 2024 | Anti-social behaviour | On or near Park Lane | |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Park Lane |