£156,448
This estimated value is based upon the latest sale price for the house of £153,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£153,000 | 15 Sep 2023 |
£105,000 | 16 Mar 2016 |
£102,500 | 5 Jun 2015 |
£88,500 | 31 Oct 2003 |
£59,950 | 16 Nov 2001 |
£37,000 | 19 Jun 1997 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 674 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 September 2023 the House Price Index for WORCESTERSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £153,000 results in an estimated price of approximately £156,448.
15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £153,000 | £3,448 | £156,448 |
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 | 11.727 % | £17,942 | £170,942 |
3 Month Average | 5.690 % | £8,705 | £161,705 |
6 Month Average | 4.846 % | £7,415 | £160,415 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £170,621 | £168,000 | 27 ST JOHNS STREET |
22 Mar 2024 | £103,592 | £102,000 | 27 MILL LANE |
30 Nov 2023 | £97,474 | £95,000 | 80 MILL LANE |
1 Nov 2023 | £117,995 | £115,000 | 13 ST JOHNS STREET |
15 Sep 2023 | £156,449 | £153,000 | 48 MILL LANE |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 30 Jun 2009. Using an estimated price of £156,449 means this house is valued at £2,496 per sq meter (£231 per sq foot).
The average size of a house on MILL LANE is 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |