£275,786
This estimated value is based upon the latest sale price for the house of £222,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£222,000 | 11 May 2018 |
£166,000 | 3 Dec 2010 |
£177,000 | 29 Sep 2006 |
£96,000 | 14 May 2001 |
£89,950 | 25 Nov 1999 |
Detached |
Freehold |
Floor Area: 71 sq meters or 767 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 May 2018 the House Price Index for WORCESTERSHIRE was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £222,000 results in an estimated price of approximately £275,786.
11 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.0 | 24.228 % | £222,000 | £53,786 | £275,786 |
The Postcode Pricing Model uses changes in average sales price within the B97 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 | 39.130 % | £86,867 | £308,867 |
3 Month Average | 43.490 % | £96,547 | £318,547 |
6 Month Average | 33.964 % | £75,399 | £297,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2023 | £305,269 | £303,000 | 16 GISBURN CLOSE |
3 Apr 2023 | £176,310 | £175,000 | 20 LOW FIELD LANE |
25 Nov 2022 | £305,053 | £310,000 | 2 GISBURN CLOSE |
31 Oct 2022 | £242,397 | £246,000 | 47 APPLETREE LANE |
26 Aug 2022 | £208,591 | £210,000 | 9 FARTHING LANE |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 6 Aug 2010. Using an estimated price of £275,787 means this house is valued at £3,867 per sq meter (£359 per sq foot).
The average size of a house on FARTHING LANE is 66 sq meters (712 sq feet).
This house is the largest in the street with a floor area of 71 sq meters (767 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Cofton Close | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cofton Close |
Mar 2024 | Other crime | Unable to prosecute suspect | On or near Cofton Close |
Mar 2024 | Anti-social behaviour | On or near Cofton Close | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cofton Close |