£690,915
This estimated value is based upon the latest sale price for the house of £480,000 on 13 Jul 2015. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 13 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,370 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 July 2015 the House Price Index for WORCESTERSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £480,000 results in an estimated price of approximately £690,915.
| 13 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £480,000 | £210,915 | £690,915 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 86.617 % | £415,763 | £895,763 |
| 3 Month Average | 34.640 % | £166,272 | £646,272 |
| 6 Month Average | 43.903 % | £210,735 | £690,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £305,342 | £300,000 | 20 WEST MALVERN ROAD |
| 7 Nov 2023 | £588,716 | £580,000 | 24 ST PETERS ROAD |
| 31 Aug 2023 | £234,552 | £232,500 | FLAT 5 COWLEIGH COURT, 87 COWLEIGH ROAD |
| 22 Aug 2023 | £524,589 | £520,000 | 64 COWLEIGH ROAD |
| 11 Apr 2023 | £758,163 | £750,000 | 76 COWLEIGH ROAD |
This house has a floor area of 220 sq meters or 2,370 sq feet when measured on 7 Mar 2012. Using an estimated price of £690,915 means this house is valued at £3,137 per sq meter (£291 per sq foot).
There is one other house on the street which we know the size of, this is 1 DANEBURY PARK it is 158.0