£176,702
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Feb 2009. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 27 Feb 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 459 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 February 2009 the House Price Index for WORCESTERSHIRE was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.003%.Applying this 86.003% change to the original purchase price of £95,000 results in an estimated price of approximately £176,702.
| 27 Feb 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 86.003 % | £95,000 | £81,702 | £176,702 |
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 | 41.787 % | £39,697 | £134,697 |
| 3 Month Average | 43.110 % | £40,954 | £135,954 |
| 6 Month Average | 46.551 % | £44,223 | £139,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £132,652 | £131,500 | 18 LOWESMOOR |
| 26 Sep 2023 | £192,238 | £188,000 | 18 SPRING LANE |
| 12 Sep 2023 | £166,674 | £163,000 | 29 VESTA TILLEY COURT |
| 17 Mar 2023 | £132,208 | £130,000 | 22 SPRING LANE |
| 17 Jan 2023 | £135,362 | £135,000 | APARTMENT 5 BOSCOBEL PLACE, 36 LOWESMOOR |
This house has a floor area of 42 sq meters or 459 sq feet when measured on 5 Aug 2010. Using an estimated price of £176,703 means this house is valued at £4,135 per sq meter (£384 per sq foot).
The average size of a house on GEORGE STREET is 80 sq meters (865 sq feet).