£206,836
This estimated value is based upon the latest sale price for the house of £124,950 on 19 Dec 2006. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 19 Dec 2006 |
| £53,000 | 31 May 2000 |
| £48,500 | 28 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2006 the House Price Index for WORCESTERSHIRE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £124,950 results in an estimated price of approximately £206,836.
| 19 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £124,950 | £81,886 | £206,836 |
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 | 10.614 % | £13,262 | £138,212 |
| 3 Month Average | 23.670 % | £29,575 | £154,525 |
| 6 Month Average | 31.146 % | £38,916 | £163,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2021 | £150,209 | £140,000 | 35B TEME ROAD |
| 11 Dec 2020 | £68,863 | £60,000 | 68A TEME ROAD |
| 19 Jun 2020 | £124,129 | £102,500 | 18 TEME ROAD |
| 19 Dec 2018 | £148,029 | £120,000 | 60 TEME ROAD |
| 14 Dec 2018 | £154,191 | £124,995 | 40 AVON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Nov 2013. Using an estimated price of £206,837 means this house is valued at £2,224 per sq meter (£206 per sq foot).
The average size of a house on TEME ROAD is 70 sq meters (753 sq feet).