£594,826
This estimated value is based upon the latest sale price for the house of £485,000 on 20 Nov 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 20 Nov 2019 |
| £130,000 | 10 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 November 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £485,000 results in an estimated price of approximately £594,826.
| 20 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £485,000 | £109,826 | £594,826 |
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 | 67.112 % | £325,491 | £810,491 |
| 3 Month Average | 16.703 % | £81,011 | £566,011 |
| 6 Month Average | 22.969 % | £111,401 | £596,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £305,342 | £300,000 | 20 WEST MALVERN 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 |
| 17 Mar 2023 | £403,804 | £400,000 | 102 COWLEIGH ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 11 Jul 2019. Using an estimated price of £594,826 means this house is valued at £4,683 per sq meter (£435 per sq foot).
The average size of a house on COWLEIGH ROAD is 100 sq meters (1,082 sq feet).