£284,951
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Jun 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Jun 2018 |
| £217,995 | 18 Dec 2015 |
| Semi-Detached |
| 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 June 2018 the House Price Index for WORCESTERSHIRE was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £230,000 results in an estimated price of approximately £284,951.
| 5 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £230,000 | £54,951 | £284,951 |
The Postcode Pricing Model uses changes in average sales price within the WR2 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 | 10.055 % | £23,125 | £253,125 |
| 3 Month Average | 39.438 % | £90,707 | £320,707 |
| 6 Month Average | 28.817 % | £66,278 | £296,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £239,532 | £235,000 | 27 BOUGHTON AVENUE |
| 21 Jul 2023 | £107,012 | £106,000 | 65 SENTINEL CLOSE |
| 11 Jul 2023 | £328,104 | £325,000 | 94 SENTINEL CLOSE |
| 23 Feb 2023 | £217,471 | £218,500 | 103 SENTINEL CLOSE |
| 29 Sep 2022 | £375,434 | £380,000 | 36 SENTINEL CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Sep 2015. Using an estimated price of £284,952 means this house is valued at £3,700 per sq meter (£343 per sq foot).
The average size of a house on SENTINEL CLOSE is 94 sq meters (1,020 sq feet).