£182,221
This estimated value is based upon the latest sale price for the house of £147,500 on 8 Oct 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 8 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £147,500 results in an estimated price of approximately £182,221.
| 8 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £147,500 | £34,721 | £182,221 |
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 | 9.317 % | £13,743 | £161,243 |
| 3 Month Average | 2.269 % | £3,346 | £150,846 |
| 6 Month Average | 24.759 % | £36,519 | £184,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £213,277 | £210,000 | 20 MONKS PATH |
| 20 Dec 2023 | £183,643 | £178,000 | 23 MONKS PATH |
| 17 Nov 2023 | £184,688 | £180,000 | 43 HAWTHORN ROAD |
| 11 Oct 2023 | £354,962 | £346,900 | 1 BOXNOTT COTTAGES |
| 30 Jun 2023 | £177,558 | £174,000 | 12 MONKS PATH |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Mar 2019. Using an estimated price of £182,222 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on PINE TREE CLOSE is 97 sq meters (1,047 sq feet).