£317,221
This estimated value is based upon the latest sale price for the house of £180,000 on 7 Oct 2008. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 7 Oct 2008 |
| £82,000 | 23 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,072 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 October 2008 the House Price Index for WORCESTERSHIRE was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £180,000 results in an estimated price of approximately £317,221.
| 7 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £180,000 | £137,221 | £317,221 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 37.396 % | £67,312 | £247,312 |
| 3 Month Average | 56.284 % | £101,311 | £281,311 |
| 6 Month Average | 53.677 % | £96,618 | £276,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £250,000 | £250,000 | 37 NEVILLE AVENUE |
| 3 Oct 2023 | £191,857 | £187,500 | 393 STOURPORT ROAD |
| 18 Sep 2023 | £427,422 | £418,000 | 44 NEVILLE AVENUE |
| 1 Sep 2023 | £194,794 | £190,500 | 30 RESERVOIR ROAD |
| 22 Aug 2022 | £276,292 | £275,000 | 16 RESERVOIR ROAD |
This house has a floor area of 192 sq meters or 2,072 sq feet when measured on 6 Dec 2010. Using an estimated price of £317,222 means this house is valued at £1,647 per sq meter (£153 per sq foot).
The average size of a house on STOURPORT ROAD is 102 sq meters (1,107 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,072 sq feet).