£398,594
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 29 Nov 2019 |
| £150,000 | 14 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £325,000 results in an estimated price of approximately £398,594.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £325,000 | £73,594 | £398,594 |
The Postcode Pricing Model uses changes in average sales price within the WR15 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 | 69.551 % | £226,041 | £551,041 |
| 3 Month Average | 26.677 % | £86,701 | £411,701 |
| 6 Month Average | 5.287 % | £17,182 | £342,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £273,492 | £269,995 | 14 BLACKTHORN ROAD |
| 25 Aug 2023 | £173,518 | £172,000 | 21 BERRINGTON ROAD |
| 19 Jul 2023 | £290,915 | £287,000 | 2 WHITE WILLOW CLOSE |
| 10 Feb 2023 | £187,374 | £187,500 | 5 TANNERY COURT |
| 26 Aug 2022 | £289,221 | £290,000 | APRIL COTTAGE BERRINGTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Nov 2017. Using an estimated price of £398,595 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on OLDWOOD ROAD is 131 sq meters (1,411 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B4214 |
| Feb 2024 | Other theft | Under investigation | On or near B4214 |
| Feb 2024 | Other theft | Under investigation | On or near B4214 |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mount Orchard |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mount Orchard |