£156,079
This estimated value is based upon the latest sale price for the house of £124,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 23 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 650 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 February 2018 the House Price Index for WORCESTERSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £124,000 results in an estimated price of approximately £156,079.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £124,000 | £32,079 | £156,079 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | 10.509 % | £13,031 | £137,031 |
| 3 Month Average | 14.193 % | £17,599 | £141,599 |
| 6 Month Average | 3.275 % | £4,060 | £128,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £128,963 | £125,000 | 24 BARBOURNE ROAD |
| 24 Nov 2023 | £985,003 | £960,000 | SECURITY HOUSE BARBOURNE ROAD |
| 17 Feb 2023 | £176,177 | £175,000 | APARTMENT 18 WHISTON COURT, 20 WHITE LADIES CLOSE |
| 22 Aug 2022 | £494,814 | £492,500 | 42 BARBOURNE ROAD |
| 22 Aug 2022 | £494,814 | £492,500 | 44 BARBOURNE ROAD |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 11 Nov 2009. Using an estimated price of £156,080 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on BARBOURNE ROAD is 82 sq meters (892 sq feet).