£201,102
This estimated value is based upon the latest sale price for the house of £124,500 on 29 Oct 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,500 | 29 Oct 2013 |
| £145,000 | 11 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 October 2013 the House Price Index for WORCESTERSHIRE was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £124,500 results in an estimated price of approximately £201,102.
| 29 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £124,500 | £76,602 | £201,102 |
The Postcode Pricing Model uses changes in average sales price within the WR4 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 | -15.853 % | £-19,737 | £104,762 |
| 3 Month Average | 26.031 % | £32,408 | £156,908 |
| 6 Month Average | 54.233 % | £67,519 | £192,019 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 29 Jan 2014.
The average size of a house on TEME ROAD is 70 sq meters (753 sq feet).