£278,325
This estimated value is based upon the latest sale price for the house of £49,950 on 24 Mar 1995. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £49,950 | 24 Mar 1995 |
| Terraced |
| Freehold |
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 March 1995 the House Price Index for WORCESTERSHIRE was 26.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 457.209%.Applying this 457.209% change to the original purchase price of £49,950 results in an estimated price of approximately £278,325.
| 24 Mar 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.0 | 457.209 % | £49,950 | £228,375 | £278,325 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 344.121 % | £171,888 | £221,838 |
| 3 Month Average | 319.926 % | £159,803 | £209,753 |
| 6 Month Average | 297.829 % | £148,765 | £198,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £210,712 | £210,000 | 20 MONKS PATH |
| 20 Dec 2023 | £181,433 | £178,000 | 23 MONKS PATH |
| 17 Nov 2023 | £182,341 | £180,000 | 43 HAWTHORN ROAD |
| 28 Jul 2023 | £343,247 | £340,000 | 8 HAWTHORN ROAD |
| 30 Jun 2023 | £175,422 | £174,000 | 12 MONKS PATH |