£358,920
This estimated value is based upon the latest sale price for the house of £265,000 on 12 Apr 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 12 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2016 the House Price Index for WORCESTERSHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £265,000 results in an estimated price of approximately £358,920.
| 12 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £265,000 | £93,920 | £358,920 |
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 | 106.452 % | £282,097 | £547,097 |
| 3 Month Average | 43.047 % | £114,075 | £379,075 |
| 6 Month Average | 46.698 % | £123,748 | £388,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £340,000 | £340,000 | 21 HAWKWOOD CLOSE |
| 18 Aug 2023 | £221,942 | £220,000 | 27 PUMP STREET |
| 22 Feb 2023 | £449,697 | £450,000 | 40 BLACKMORE ROAD |
| 23 Aug 2022 | £435,827 | £437,000 | 45 HORNYOLD ROAD |
| 27 May 2022 | £779,691 | £765,000 | 41 HORNYOLD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Jul 2015. Using an estimated price of £358,920 means this house is valued at £3,518 per sq meter (£326 per sq foot).
The average size of a house on HORNYOLD ROAD is 181 sq meters (1,954 sq feet).