£416,408
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Jun 2013. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Jun 2013 |
| £120,000 | 23 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2013 the House Price Index for WORCESTERSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £250,000 results in an estimated price of approximately £416,408.
| 26 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £250,000 | £166,408 | £416,408 |
The Postcode Pricing Model uses changes in average sales price within the WR11 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 | 124.156 % | £310,390 | £560,390 |
| 3 Month Average | 85.982 % | £214,954 | £464,954 |
| 6 Month Average | 53.132 % | £132,830 | £382,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £218,798 | £216,000 | 81 LARKSPUR DRIVE |
| 28 Apr 2023 | £371,500 | £367,500 | 190 CHELTENHAM ROAD |
| 28 Jul 2022 | £305,823 | £305,000 | THISTLEDOWN HOUSE THISTLEDOWN |
| 18 Mar 2022 | £430,049 | £415,000 | 186 CHELTENHAM ROAD |
| 18 Dec 2020 | £470,563 | £410,000 | 145 CHELTENHAM ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 29 Jul 2012. Using an estimated price of £416,408 means this house is valued at £4,122 per sq meter (£383 per sq foot).
The average size of a house on CHELTENHAM ROAD is 124 sq meters (1,341 sq feet).