£146,365
This estimated value is based upon the latest sale price for the house of £120,000 on 27 Jan 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 27 Jan 2020 |
| Flats/Maisonettes |
| Leasehold |
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 January 2020 the House Price Index for WORCESTERSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £120,000 results in an estimated price of approximately £146,365.
| 27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £120,000 | £26,365 | £146,365 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | -16.980 % | £-20,376 | £99,623 |
| 3 Month Average | 67.848 % | £81,417 | £201,417 |
| 6 Month Average | 46.399 % | £55,679 | £175,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £172,555 | £170,000 | 4 LIBRARY WAY |
| 21 Jul 2023 | £136,791 | £134,950 | FLAT 4 HIGHCROFT HOUSE, 81 - 85 NEW ROAD |
| 21 Jul 2023 | £146,978 | £145,000 | 125A NEW ROAD |
| 14 Apr 2023 | £207,231 | £205,000 | 129A NEW ROAD |
| 31 Mar 2023 | £641,039 | £635,000 | 100 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Library Way |
| Dec 2023 | Robbery | Under investigation | On or near Library Way |
| Mar 2024 | Anti-social behaviour | On or near Oak Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Road |