£708,939
This estimated value is based upon the latest sale price for the house of £482,500 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £482,500 | 28 Apr 2015 |
| £382,500 | 23 Feb 2011 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 April 2015 the House Price Index for WORCESTERSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £482,500 results in an estimated price of approximately £708,939.
| 28 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £482,500 | £226,439 | £708,939 |
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 | 97.985 % | £472,777 | £955,277 |
| 3 Month Average | 39.511 % | £190,640 | £673,140 |
| 6 Month Average | 55.756 % | £269,021 | £751,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £314,015 | £310,000 | 7 WOODYATT COURT COURT ROAD |
| 31 Jul 2023 | £988,301 | £975,000 | 18 CLARENCE ROAD |
| 9 Jun 2023 | £559,781 | £553,000 | 2 WOODSHEARS DRIVE |
| 27 Apr 2023 | £530,714 | £525,000 | EASTNOR 3 PRIORY CORNER, 2 WOODSHEARS ROAD |
| 30 May 2022 | £132,497 | £130,000 | FLAT 4 HATLEY COURT, 81 ALBERT ROAD SOUTH |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 4 Feb 2011. Using an estimated price of £708,939 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on WOODSHEARS ROAD is 181 sq meters (1,957 sq feet).