£121,498
This estimated value is based upon the latest sale price for the house of £89,950 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£89,950 | 14 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 March 2016 the House Price Index for WORCESTERSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £89,950 results in an estimated price of approximately £121,498.
14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £89,950 | £31,548 | £121,498 |
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 | 32.789 % | £29,494 | £119,444 |
3 Month Average | 17.909 % | £16,109 | £106,059 |
6 Month Average | 41.799 % | £37,598 | £127,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £95,904 | £95,000 | FLAT 23 ROWLAND HILL HOUSE BLACKWELL STREET |
18 Nov 2022 | £296,410 | £300,000 | 33A HORSEFAIR |
11 Aug 2022 | £64,826 | £65,000 | 72 BLACKWELL STREET |
11 Jul 2022 | £150,405 | £150,000 | C M S (KIDDERMINSTER) LTD CHURCHFIELDS |
8 Apr 2022 | £375,877 | £365,000 | 25 SILVER STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 20 Oct 2014. Using an estimated price of £121,499 means this house is valued at £3,374 per sq meter (£313 per sq foot).
The average size of a house on BLACKWELL STREET is 39 sq meters (424 sq feet).