£225,387
This estimated value is based upon the latest sale price for the house of £217,500 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £217,500 | 18 Mar 2022 |
| £145,000 | 24 Jul 2015 |
| £42,000 | 16 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 March 2022 the House Price Index for WORCESTERSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £217,500 results in an estimated price of approximately £225,387.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £217,500 | £7,887 | £225,387 |
The Postcode Pricing Model uses changes in average sales price within the WR5 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 | 50.602 % | £110,058 | £327,558 |
| 3 Month Average | 33.869 % | £73,665 | £291,165 |
| 6 Month Average | 19.652 % | £42,743 | £260,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £232,503 | £230,000 | 34 HAMILTON ROAD |
| 24 Feb 2023 | £169,886 | £170,000 | 4 PRINCE RUPERT ROAD |
| 4 Jan 2023 | £253,804 | £255,000 | 58 WYLDS LANE |
| 26 Apr 2022 | £233,764 | £227,000 | 57 WYLDS LANE |
| 18 Mar 2022 | £316,060 | £305,000 | 43 WYLDS LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 28 Oct 2021. Using an estimated price of £225,387 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on PARK STREET is 98 sq meters (1,057 sq feet).