£224,611
This estimated value is based upon the latest sale price for the house of £130,000 on 9 Sep 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 9 Sep 2011 |
| £57,000 | 30 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2011 the House Price Index for WORCESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £130,000 results in an estimated price of approximately £224,611.
| 9 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £130,000 | £94,611 | £224,611 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 77.743 % | £101,066 | £231,066 |
| 3 Month Average | 97.395 % | £126,613 | £256,613 |
| 6 Month Average | 72.584 % | £94,358 | £224,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £365,410 | £360,000 | 23 SENTINEL CLOSE |
| 23 Feb 2023 | £377,246 | £377,500 | 9 LOW FOLD CLOSE |
| 3 Feb 2023 | £224,849 | £225,000 | 13 STAINBURN AVENUE |
| 27 Jan 2023 | £271,720 | £273,000 | 10 STAINBURN AVENUE |
| 29 Sep 2022 | £376,956 | £380,000 | 36 SENTINEL CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Oct 2015. Using an estimated price of £224,611 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on BROMYARD ROAD is 138 sq meters (1,491 sq feet).