£293,779
This estimated value is based upon the latest sale price for the house of £287,500 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£287,500 | 28 Jun 2022 |
£235,000 | 5 Dec 2016 |
£173,000 | 30 Mar 2016 |
Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 2022 the House Price Index for WORCESTERSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £287,500 results in an estimated price of approximately £293,779.
28 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £287,500 | £6,279 | £293,779 |
The Postcode Pricing Model uses changes in average sales price within the WR14 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 | 31.714 % | £91,178 | £378,678 |
3 Month Average | 4.287 % | £12,324 | £299,824 |
6 Month Average | -0.852 % | £-2,450 | £285,049 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jun 2024 | £475,000 | £475,000 | 61 BROADLANDS DRIVE |
28 Jun 2022 | £293,780 | £287,500 | 71 COWLEIGH BANK |
22 Apr 2022 | £212,671 | £205,000 | 73 BELMONT ROAD |
29 Mar 2022 | £219,226 | £210,000 | 123 BELMONT ROAD |
2 Feb 2022 | £369,760 | £350,000 | 79 BELMONT ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 1 Jul 2015. Using an estimated price of £293,780 means this house is valued at £4,896 per sq meter (£454 per sq foot).
The average size of a house on COWLEIGH BANK is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Archer Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Archer Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |