£195,455
This estimated value is based upon the latest sale price for the house of £84,950 on 8 Aug 2003. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,950 | 8 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 August 2003 the House Price Index for WORCESTERSHIRE was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £84,950 results in an estimated price of approximately £195,455.
| 8 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £84,950 | £110,505 | £195,455 |
The Postcode Pricing Model uses changes in average sales price within the WR1 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 | -32.458 % | £-27,573 | £57,376 |
| 3 Month Average | 28.414 % | £24,137 | £109,087 |
| 6 Month Average | 61.211 % | £51,998 | £136,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £128,498 | £126,250 | FLAT 1 24 SANSOME PLACE |
| 8 Nov 2023 | £133,476 | £131,500 | 29A SANSOME PLACE |
| 26 Jul 2023 | £157,115 | £155,000 | 37 SANSOME PLACE |
| 4 Apr 2023 | £101,088 | £100,000 | FLAT 1 SANSOME COURT, 22 SANSOME PLACE |
| 17 Jan 2023 | £134,367 | £135,000 | APARTMENT 5 BOSCOBEL PLACE, 36 LOWESMOOR |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Nov 2014. Using an estimated price of £195,455 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on LOWESMOOR is 66 sq meters (715 sq feet).