£163,494
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Jun 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 23 Jun 2022 |
| £60,000 | 18 May 2001 |
| £44,500 | 16 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2022 the House Price Index for WORCESTERSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £160,000 results in an estimated price of approximately £163,494.
| 23 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £160,000 | £3,494 | £163,494 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 60.005 % | £96,007 | £256,007 |
| 3 Month Average | 4.937 % | £7,898 | £167,898 |
| 6 Month Average | 1.958 % | £3,133 | £163,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £197,500 | £197,500 | 58 NEVILLE AVENUE |
| 14 Jun 2024 | £250,000 | £250,000 | 37 NEVILLE AVENUE |
| 3 Oct 2023 | £191,857 | £187,500 | 393 STOURPORT ROAD |
| 18 Sep 2023 | £427,422 | £418,000 | 44 NEVILLE AVENUE |
| 1 Sep 2023 | £194,794 | £190,500 | 30 RESERVOIR ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Dec 2021. Using an estimated price of £163,495 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on STOURPORT ROAD is 102 sq meters (1,107 sq feet).