£351,029
This estimated value is based upon the latest sale price for the house of £270,000 on 22 Feb 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 22 Feb 2017 |
| £275,000 | 4 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 February 2017 the House Price Index for WORCESTERSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £270,000 results in an estimated price of approximately £351,029.
| 22 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £270,000 | £81,029 | £351,029 |
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 | 72.535 % | £195,843 | £465,843 |
| 3 Month Average | 20.070 % | £54,188 | £324,188 |
| 6 Month Average | 34.384 % | £92,836 | £362,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £213,740 | £210,000 | APARTMENT 9 BRUNEL HOUSE PORTLAND ROAD |
| 16 Nov 2023 | £101,503 | £100,000 | APARTMENT 8 CARTWRIGHT COURT, 2 VICTORIA ROAD |
| 14 Nov 2023 | £334,959 | £330,000 | APARTMENT 2 OSBORNE HOUSE, 1A VICTORIA ROAD |
| 31 Jul 2023 | £183,469 | £181,000 | FLAT 2 SHENSTONE, 131 CHURCH STREET |
| 26 Apr 2023 | £257,776 | £255,000 | APARTMENT 4 BALMORAL, 1 VICTORIA ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Jul 2016. Using an estimated price of £351,030 means this house is valued at £3,734 per sq meter (£346 per sq foot).
The average size of a house on VICTORIA ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Road | |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Road |
| Feb 2024 | Drugs | Under investigation | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Victoria Road |