£111,532
This estimated value is based upon the latest sale price for the house of £90,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 31 Jul 2018 |
| £83,000 | 26 Sep 2007 |
| £77,500 | 13 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 2018 the House Price Index for WORCESTERSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £90,000 results in an estimated price of approximately £111,532.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £90,000 | £21,532 | £111,532 |
The Postcode Pricing Model uses changes in average sales price within the WR15 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 | 68.700 % | £61,829 | £151,829 |
| 3 Month Average | 69.408 % | £62,467 | £152,467 |
| 6 Month Average | 36.393 % | £32,753 | £122,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £265,000 | £265,000 | GREENHILL COTTAGE GREENHILL CLOSE |
| 25 Sep 2023 | £339,339 | £335,000 | TENBURY WELLS DELIVERY OFFICE, 30 TEME STREET |
| 5 Apr 2023 | £262,830 | £260,000 | 26 GREENHILL CLOSE |
| 24 Feb 2023 | £165,888 | £166,000 | 7 SCOTLAND PLACE |
| 31 Jan 2023 | £196,574 | £197,500 | 7 GREENHILL CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Feb 2014. Using an estimated price of £111,533 means this house is valued at £1,376 per sq meter (£127 per sq foot).
The average size of a house on TEME STREET is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Teme Street |