£197,479
This estimated value is based upon the latest sale price for the house of £98,000 on 28 May 2004. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £98,000 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2004 the House Price Index for WORCESTERSHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £98,000 results in an estimated price of approximately £197,479.
| 28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £98,000 | £99,479 | £197,479 |
The Postcode Pricing Model uses changes in average sales price within the B60 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 | 58.131 % | £56,968 | £154,968 |
| 3 Month Average | 60.917 % | £59,699 | £157,699 |
| 6 Month Average | 69.394 % | £68,005 | £166,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £197,930 | £195,000 | 54 ROCK HILL |
| 16 Aug 2023 | £242,118 | £240,000 | 3 COLLIS CLOSE |
| 7 Jul 2023 | £228,070 | £225,000 | 11 ROCK HILL |
| 28 Oct 2022 | £286,911 | £290,000 | 35 BISHOP HALL CRESCENT |
| 11 Jul 2022 | £222,599 | £222,000 | 17 BISHOP HALL CRESCENT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Jan 2018. Using an estimated price of £197,480 means this house is valued at £2,564 per sq meter (£238 per sq foot).
The average size of a house on AUSTIN ROAD is 79 sq meters (851 sq feet).