£205,370
This estimated value is based upon the latest sale price for the house of £36,000 on 6 Nov 1995. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £36,000 | 6 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 November 1995 the House Price Index for WORCESTERSHIRE was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £36,000 results in an estimated price of approximately £205,370.
| 6 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £36,000 | £169,370 | £205,370 |
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 | 303.062 % | £109,102 | £145,102 |
| 3 Month Average | 282.655 % | £101,755 | £137,755 |
| 6 Month Average | 303.611 % | £109,299 | £145,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £192,592 | £190,000 | 31 MOUNT PLEASANT |
| 2 Jun 2023 | £225,152 | £222,425 | 4 SALOP ROAD |
| 28 Apr 2023 | £114,230 | £113,000 | 27 SALOP ROAD |
| 4 Oct 2022 | £202,816 | £205,000 | 12 OLD CREST AVENUE |
| 31 Mar 2022 | £124,870 | £120,500 | 29 MOUNT PLEASANT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 20 Feb 2020. Using an estimated price of £205,371 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on MOUNT PLEASANT is 78 sq meters (849 sq feet).