£171,885
This estimated value is based upon the latest sale price for the house of £172,000 on 9 Sep 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 9 Sep 2022 |
| £111,000 | 25 Jan 2019 |
| £100,000 | 15 May 2015 |
| £37,000 | 7 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 September 2022 the House Price Index for WORCESTERSHIRE was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £172,000 results in an estimated price of approximately £171,885.
| 9 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £172,000 | £-114 | £171,885 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | -20.926 % | £-35,993 | £136,006 |
| 3 Month Average | -0.091 % | £-156 | £171,843 |
| 6 Month Average | -5.997 % | £-10,314 | £161,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £106,000 | £106,000 | 23A CHERRY ORCHARD |
| 11 Mar 2024 | £406,242 | £400,000 | 18 CHERRY ORCHARD |
| 9 Sep 2022 | £171,885 | £172,000 | 21 CHERRY ORCHARD |
| 24 Jun 2022 | £418,956 | £410,000 | 9A ST GEORGES TERRACE |
| 18 Mar 2022 | £163,897 | £157,000 | 4 CHERRY ORCHARD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Sep 2014. Using an estimated price of £171,885 means this house is valued at £1,931 per sq meter (£179 per sq foot).
The average size of a house on CHERRY ORCHARD is 95 sq meters (1,025 sq feet).