£251,869
This estimated value is based upon the latest sale price for the house of £148,500 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £148,500 | 29 Jun 2012 |
| £140,000 | 29 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 762 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 June 2012 the House Price Index for WORCESTERSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £148,500 results in an estimated price of approximately £251,869.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £148,500 | £103,369 | £251,869 |
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 | 72.839 % | £108,166 | £256,666 |
| 3 Month Average | 69.308 % | £102,923 | £251,423 |
| 6 Month Average | 57.440 % | £85,298 | £233,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £280,454 | £278,000 | 25 HEMSBY CLOSE |
| 30 Jun 2023 | £321,899 | £318,000 | 7 HEMSBY CLOSE |
| 28 Jun 2023 | £298,617 | £295,000 | 22 WOODBRIDGE CLOSE |
| 16 Jun 2023 | £172,084 | £170,000 | 10 COLTISHALL CLOSE |
| 15 Jun 2023 | £269,262 | £266,000 | 20 COLTISHALL CLOSE |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 19 Aug 2010. Using an estimated price of £251,870 means this house is valued at £3,557 per sq meter (£330 per sq foot).
The average size of a house on WOODBRIDGE CLOSE is 87 sq meters (939 sq feet).