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|£91,998||29 Apr 2013|
|£149,500||31 Mar 2005|
|£40,000||18 Aug 2000|
|£73,000||13 Jul 1998|
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 April 2013 the House Price Index for WORCESTERSHIRE was 93.0.The House Price Index as of 1 Dec 2019 is 123.5 which is a change of 32.768%.
Applying this 32.768% change to the original purchase price of £91,998 gives us an estimated price now of around £122,144.
|29 Apr 2013||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the B61 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||87.579 %||£80,571||£172,569|
|3 Month Average||45.016 %||£41,414||£133,412|
|6 Month Average||58.642 %||£53,949||£145,947|
|Date||Current Estimated Value||Price Paid||Address|
|13 Sep 2019||£183,683||£185,000||43 WILLOW CLOSE|
|26 Jul 2019||£144,591||£145,000||41 HILL LANE|
|5 Apr 2019||£96,220||£96,000||FLAT 3 SAMPSON COURT, 16 WORCESTER ROAD|
|28 Mar 2019||£353,983||£350,000||33 - 35 HIGH STREET|
|25 Mar 2019||£257,902||£255,000||42B WORCESTER ROAD|