£180,645
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Apr 2019 |
| £126,000 | 15 Dec 2015 |
| £122,000 | 14 Jan 2005 |
| £86,500 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for WORCESTERSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £145,000 results in an estimated price of approximately £180,645.
| 29 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £145,000 | £35,645 | £180,645 |
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 | 32.011 % | £46,415 | £191,415 |
| 3 Month Average | 23.116 % | £33,518 | £178,518 |
| 6 Month Average | 21.625 % | £31,356 | £176,356 |
| 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 93 sq meters or 1,001 sq feet when measured on 20 Mar 2014. Using an estimated price of £180,646 means this house is valued at £1,942 per sq meter (£180 per sq foot).
The average size of a house on STOURPORT ROAD is 102 sq meters (1,107 sq feet).