£246,028
This estimated value is based upon the latest sale price for the house of £158,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,000 | 11 Apr 2014 |
| £92,500 | 17 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 April 2014 the House Price Index for WORCESTERSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £158,000 results in an estimated price of approximately £246,028.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £158,000 | £88,028 | £246,028 |
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 | 13.292 % | £21,001 | £179,001 |
| 3 Month Average | 23.961 % | £37,859 | £195,859 |
| 6 Month Average | 40.003 % | £63,204 | £221,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £260,151 | £257,000 | 94 BLACKPOLE ROAD |
| 21 Mar 2023 | £222,092 | £220,000 | 3 FIR WAY |
| 25 Nov 2022 | £79,043 | £80,000 | APARTMENT 45 BRIDGEWATER HOUSE BLACKPOLE ROAD |
| 11 Mar 2022 | £215,543 | £208,000 | 3 CEDAR AVENUE |
| 25 Feb 2022 | £173,035 | £165,000 | 7 BLACKPOLE ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 12 Sep 2013. Using an estimated price of £246,028 means this house is valued at £1,782 per sq meter (£165 per sq foot).
The average size of a house on BLACKTHORN ROAD is 109 sq meters (1,179 sq feet).