£150,252
This estimated value is based upon the latest sale price for the house of £87,000 on 20 May 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 20 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,112 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 May 2011 the House Price Index for WORCESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £87,000 results in an estimated price of approximately £150,252.
| 20 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £87,000 | £63,252 | £150,252 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 32.164 % | £27,982 | £114,982 |
| 3 Month Average | 39.013 % | £33,941 | £120,941 |
| 6 Month Average | 58.033 % | £50,488 | £137,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £116,728 | £115,000 | 40 THE SCOTLANDS |
| 29 Sep 2023 | £141,813 | £140,000 | 19 PLOUGHMANS RISE |
| 16 Nov 2022 | £95,839 | £97,000 | 70 PLOUGHMANS WALK |
| 12 Jul 2022 | £170,459 | £170,000 | 86 FARMERS PIECE |
| 13 May 2022 | £139,631 | £137,000 | 37 PLOUGHMANS RISE |
This house has a floor area of 103 sq meters or 1,112 sq feet when measured on 31 Oct 2011. Using an estimated price of £150,252 means this house is valued at £1,453 per sq meter (£135 per sq foot).
The average size of a house on PLOUGHMANS WALK is 139 sq meters (1,504 sq feet).