£240,086
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 17 Dec 2021 |
£175,000 | 4 Feb 2011 |
£152,500 | 27 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 92 sq meters or 990 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 December 2021 the House Price Index for WORCESTERSHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £225,000 results in an estimated price of approximately £240,086.
17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £225,000 | £15,086 | £240,086 |
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 | -12.292 % | £-27,657 | £197,342 |
3 Month Average | 22.212 % | £49,977 | £274,977 |
6 Month Average | 8.486 % | £19,094 | £244,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £227,149 | £225,000 | 29 MONKS WALK |
30 Nov 2022 | £280,452 | £285,000 | 33 MONKS WALK |
28 Nov 2022 | £125,957 | £128,000 | FLAT 4 MALBOROUGH HOUSE MILL STREET |
7 Oct 2022 | £15,519 | £15,750 | FLAT 1 PEMBROKE HOUSE MILL STREET |
7 Oct 2022 | £40,015 | £40,610 | APARTMENT 1 HAWKESBURY HOUSE MILL STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jun 2021. Using an estimated price of £240,087 means this house is valued at £2,609 per sq meter (£242 per sq foot).
The average size of a house on MONKS WALK is 96 sq meters (1,036 sq feet).