£604,112
This estimated value is based upon the latest sale price for the house of £138,000 on 29 Jun 1999. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 29 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 1999 the House Price Index for WORCESTERSHIRE was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £138,000 results in an estimated price of approximately £604,112.
| 29 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £138,000 | £466,112 | £604,112 |
The Postcode Pricing Model uses changes in average sales price within the B61 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 | 293.339 % | £404,807 | £542,807 |
| 3 Month Average | 258.526 % | £356,765 | £494,765 |
| 6 Month Average | 253.929 % | £350,421 | £488,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £116,094 | £115,000 | FLAT 29 NAILERS COURT EDNALL LANE |
| 7 Feb 2023 | £179,879 | £180,000 | 5 NEW ROAD |
| 29 Sep 2022 | £228,158 | £230,000 | 61 HIGH STREET |
| 28 Jun 2022 | £136,935 | £135,000 | FLAT 24 NAILERS COURT EDNALL LANE |
| 23 Jun 2022 | £2,485,120 | £2,450,000 | ST JOHNS HOUSE, 16 CHURCH STREET |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 19 Oct 2021. Using an estimated price of £604,112 means this house is valued at £4,442 per sq meter (£412 per sq foot).
The average size of a house on HIGH STREET is 229 sq meters (2,464 sq feet).