£226,304
This estimated value is based upon the latest sale price for the house of £84,000 on 20 Sep 2002. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,000 | 20 Sep 2002 |
| £42,000 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 September 2002 the House Price Index for WORCESTERSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £84,000 results in an estimated price of approximately £226,304.
| 20 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £84,000 | £142,304 | £226,304 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 135.513 % | £113,830 | £197,830 |
| 3 Month Average | 133.312 % | £111,981 | £195,981 |
| 6 Month Average | 135.392 % | £113,729 | £197,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £195,000 | £195,000 | 39 FARFIELD |
| 15 Dec 2023 | £254,452 | £250,000 | 2 GORDON PLACE |
| 14 Sep 2023 | £433,037 | £427,500 | 493 CHESTER ROAD SOUTH |
| 13 Jun 2023 | £554,719 | £548,000 | 502 CHESTER ROAD SOUTH |
| 22 Jul 2022 | £198,534 | £198,000 | 8 COMBERTON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Aug 2021. Using an estimated price of £226,305 means this house is valued at £3,279 per sq meter (£304 per sq foot).
The average size of a house on FARFIELD is 94 sq meters (1,019 sq feet).