£79,739
This estimated value is based upon the latest sale price for the house of £65,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 13 Dec 2019 |
| £72,950 | 29 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 2019 the House Price Index for WORCESTERSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £65,000 results in an estimated price of approximately £79,739.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £65,000 | £14,739 | £79,739 |
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 | 11.179 % | £7,266 | £72,266 |
| 3 Month Average | 21.104 % | £13,717 | £78,717 |
| 6 Month Average | 25.412 % | £16,518 | £81,518 |
| 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 28 sq meters or 301 sq feet when measured on 6 Feb 2015. Using an estimated price of £79,740 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on BLACKWELL STREET is 39 sq meters (424 sq feet).