£114,470
This estimated value is based upon the latest sale price for the house of £56,000 on 23 Apr 2004. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £56,000 | 23 Apr 2004 |
| £40,000 | 20 Dec 2002 |
| £29,950 | 5 Oct 2001 |
| £21,000 | 19 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 April 2004 the House Price Index for WORCESTERSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £56,000 results in an estimated price of approximately £114,470.
| 23 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £56,000 | £58,470 | £114,470 |
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 | 191.546 % | £107,265 | £163,265 |
| 3 Month Average | 118.865 % | £66,564 | £122,564 |
| 6 Month Average | 93.210 % | £52,197 | £108,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £231,111 | £228,000 | 2 BAYLY CLOSE |
| 2 Aug 2022 | £141,619 | £142,000 | 19 BARNARDS CLOSE |
| 4 Apr 2022 | £211,109 | £205,000 | 10A OVERBROOK |
| 4 Feb 2022 | £144,195 | £137,500 | 9 BARNARDS CLOSE |
| 3 Feb 2022 | £224,211 | £213,800 | 6 ELIZABETH ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Jan 2019. Using an estimated price of £114,471 means this house is valued at £2,159 per sq meter (£200 per sq foot).
The average size of a house on SAXONBURY is 65 sq meters (702 sq feet).