£333,994
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 30 Jun 2015 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 June 2015 the House Price Index for WORCESTERSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £230,000 results in an estimated price of approximately £333,994.
30 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £230,000 | £103,994 | £333,994 |
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 | 83.783 % | £192,700 | £422,700 |
3 Month Average | 66.652 % | £153,299 | £383,299 |
6 Month Average | 65.520 % | £150,695 | £380,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £167,938 | £165,000 | 135 WISHAW CLOSE |
27 Feb 2023 | £194,869 | £195,000 | 101 WISHAW CLOSE |
17 Jan 2023 | £403,101 | £405,000 | 60 HARRIS CLOSE |
27 May 2022 | £249,705 | £245,000 | 20A HARRIS CLOSE |
13 May 2022 | £229,321 | £225,000 | 9 HARRIS CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 11 Mar 2015. Using an estimated price of £333,994 means this house is valued at £2,783 per sq meter (£258 per sq foot).
The average size of a house on HARRIS CLOSE is 114 sq meters (1,236 sq feet).