£213,775
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Feb 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Feb 2014 |
| £150,000 | 22 Aug 2005 |
| £160,000 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 2014 the House Price Index for WORCESTERSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £135,000 results in an estimated price of approximately £213,775.
| 4 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £135,000 | £78,775 | £213,775 |
The Postcode Pricing Model uses changes in average sales price within the DY12 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 | 83.441 % | £112,645 | £247,645 |
| 3 Month Average | 26.348 % | £35,569 | £170,569 |
| 6 Month Average | 31.033 % | £41,894 | £176,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £173,027 | £170,000 | SOUTHSIDE COTTAGE DOG LANE |
| 23 Nov 2023 | £10,150 | £10,000 | 1 HAFREN COURT |
| 21 Jul 2023 | £304,093 | £300,000 | BRAEBURN COTTAGE PARK LANE |
| 17 Jul 2023 | £96,296 | £95,000 | FLAT 3 35 LOAD STREET |
| 17 Feb 2023 | £39,972 | £39,999 | FLAT 3 32 - 33 LOAD STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 28 May 2020. Using an estimated price of £213,776 means this house is valued at £3,504 per sq meter (£325 per sq foot).
The average size of a house on DOG LANE is 82 sq meters (887 sq feet).