£195,917
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 30 Sep 2020 |
| £139,950 | 22 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2020 the House Price Index for WORCESTERSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £165,000 results in an estimated price of approximately £195,917.
| 30 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £165,000 | £30,917 | £195,917 |
The Postcode Pricing Model uses changes in average sales price within the B98 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 | 40.046 % | £66,076 | £231,076 |
| 3 Month Average | 16.408 % | £27,072 | £192,072 |
| 6 Month Average | 24.011 % | £39,618 | £204,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £152,671 | £150,000 | 5 SHAWBURY CLOSE |
| 2 Aug 2023 | £196,721 | £195,000 | 54 TREVILLE CLOSE |
| 28 Jul 2023 | £106,432 | £105,000 | 32 LEYSTERS CLOSE |
| 28 Feb 2023 | £224,849 | £225,000 | 15 TREVILLE CLOSE |
| 22 Feb 2023 | £181,878 | £182,000 | 37 TREVILLE CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 May 2016. Using an estimated price of £195,918 means this house is valued at £2,251 per sq meter (£209 per sq foot).
The average size of a house on LEYSTERS CLOSE is 91 sq meters (989 sq feet).