£221,996
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£165,000 | 17 Jun 2016 |
£119,950 | 28 Feb 2003 |
£49,000 | 24 Mar 1995 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 948 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 June 2016 the House Price Index for WORCESTERSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £165,000 results in an estimated price of approximately £221,996.
17 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £165,000 | £56,996 | £221,996 |
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 | 4.497 % | £7,420 | £172,420 |
3 Month Average | 13.817 % | £22,797 | £187,797 |
6 Month Average | 34.835 % | £57,478 | £222,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £75,657 | £75,000 | 9 BRITISH MILLS, 80 PROSPECT HILL |
19 Dec 2023 | £206,340 | £200,000 | 58 CLIVE ROAD |
25 Aug 2023 | £202,655 | £199,000 | 108 CLIVE ROAD |
9 Jun 2023 | £86,738 | £85,000 | 17 BRITISH MILLS, 80 PROSPECT HILL |
27 Feb 2023 | £239,601 | £238,000 | 81 PROSPECT HILL |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 15 Oct 2009. Using an estimated price of £221,997 means this house is valued at £2,519 per sq meter (£234 per sq foot).
The average size of a house on PROSPECT HILL is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
May 2024 | Anti-social behaviour | On or near Prospect Hill | |
May 2024 | Anti-social behaviour | On or near Prospect Hill | |
May 2024 | Anti-social behaviour | On or near Prospect Hill | |
May 2024 | Violence and sexual offences | Under investigation | On or near Prospect Hill |