£300,168
This estimated value is based upon the latest sale price for the house of £122,500 on 24 Feb 2003. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£122,500 | 24 Feb 2003 |
£33,000 | 8 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 February 2003 the House Price Index for WORCESTERSHIRE was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £122,500 results in an estimated price of approximately £300,168.
24 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £122,500 | £177,668 | £300,168 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 172.439 % | £211,237 | £333,737 |
3 Month Average | 102.841 % | £125,980 | £248,480 |
6 Month Average | 109.257 % | £133,839 | £256,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £221,942 | £220,000 | 27 PUMP STREET |
23 Aug 2022 | £435,827 | £437,000 | 45 HORNYOLD ROAD |
29 Jun 2022 | £617,476 | £608,750 | 72 NORTH MALVERN ROAD |
27 May 2022 | £779,691 | £765,000 | 41 HORNYOLD ROAD |
13 May 2022 | £290,473 | £285,000 | 12 BELVOIR BANK |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Sep 2013. Using an estimated price of £300,168 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on PUMP STREET is 90 sq meters (978 sq feet).