£287,138
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Jul 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 16 Jul 2018 |
| £190,000 | 7 Jul 2017 |
| £95,000 | 28 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2018 the House Price Index for WORCESTERSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £230,000 results in an estimated price of approximately £287,138.
| 16 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £230,000 | £57,138 | £287,138 |
The Postcode Pricing Model uses changes in average sales price within the WR9 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 | 1.058 % | £2,433 | £232,433 |
| 3 Month Average | 5.872 % | £13,506 | £243,506 |
| 6 Month Average | 8.203 % | £18,866 | £248,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £306,972 | £300,000 | 71 SHOWELL GREEN |
| 30 Mar 2023 | £265,433 | £261,000 | 44 SHOWELL GROVE |
| 15 Feb 2023 | £251,681 | £250,000 | 46 SHOWELL GROVE |
| 20 Jan 2023 | £288,772 | £288,000 | 40 SHOWELL GROVE |
| 18 Jul 2022 | £314,653 | £311,500 | 59 SHOWELL GREEN |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 8 Mar 2017. Using an estimated price of £287,139 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on SHOWELL GREEN is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Charles Dickens Close |