£285,345
This estimated value is based upon the latest sale price for the house of £83,250 on 4 May 2001. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£83,250 | 4 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 May 2001 the House Price Index for WORCESTERSHIRE was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £83,250 results in an estimated price of approximately £285,345.
4 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £83,250 | £202,095 | £285,345 |
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 | -6.794 % | £-5,655 | £77,594 |
3 Month Average | 97.328 % | £81,025 | £164,275 |
6 Month Average | 160.228 % | £133,390 | £216,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £128,498 | £126,250 | FLAT 1 24 SANSOME PLACE |
8 Nov 2023 | £133,476 | £131,500 | 29A SANSOME PLACE |
31 Aug 2023 | £282,471 | £280,000 | 33 LION COURT |
26 Jul 2023 | £157,115 | £155,000 | 37 SANSOME PLACE |
4 Apr 2023 | £101,088 | £100,000 | FLAT 1 SANSOME COURT, 22 SANSOME PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 6 Nov 2021. Using an estimated price of £285,346 means this house is valued at £5,188 per sq meter (£481 per sq foot).
The average size of a house on SANSOME PLACE is 76 sq meters (820 sq feet).