£212,542
This estimated value is based upon the latest sale price for the house of £160,000 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 8 Sep 2016 |
£66,000 | 12 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 708 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 2016 the House Price Index for WORCESTERSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £160,000 results in an estimated price of approximately £212,542.
8 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £160,000 | £52,542 | £212,542 |
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 | 25.323 % | £40,517 | £200,517 |
3 Month Average | 25.486 % | £40,777 | £200,777 |
6 Month Average | 29.140 % | £46,624 | £206,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £253,238 | £250,000 | 102 LINNET RISE |
30 Jun 2023 | £362,390 | £358,000 | 16 CHAFFINCH DRIVE |
16 Jun 2023 | £273,311 | £270,000 | 22 CHAFFINCH DRIVE |
25 Jul 2022 | £165,445 | £165,000 | 141 DUNLIN DRIVE |
20 May 2022 | £292,512 | £287,000 | 24 CHAFFINCH DRIVE |
This house has a floor area of 65 sq meters or 708 sq feet when measured on 27 Sep 2010. Using an estimated price of £212,543 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on CHAFFINCH DRIVE is 82 sq meters (884 sq feet).