£311,957
This estimated value is based upon the latest sale price for the house of £181,000 on 18 Nov 2011. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£181,000 | 18 Nov 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 114 sq meters or 1,228 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 November 2011 the House Price Index for WORCESTERSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £181,000 results in an estimated price of approximately £311,957.
18 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £181,000 | £130,957 | £311,957 |
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 | 42.485 % | £76,897 | £257,897 |
3 Month Average | 50.639 % | £91,656 | £272,656 |
6 Month Average | 53.868 % | £97,501 | £278,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £305,342 | £300,000 | 20 WEST MALVERN ROAD |
31 Aug 2023 | £234,552 | £232,500 | FLAT 5 COWLEIGH COURT, 87 COWLEIGH ROAD |
22 Aug 2023 | £524,589 | £520,000 | 64 COWLEIGH ROAD |
18 Aug 2023 | £221,942 | £220,000 | 27 PUMP STREET |
11 Apr 2023 | £758,163 | £750,000 | 76 COWLEIGH ROAD |
This house has a floor area of 114 sq meters or 1,228 sq feet when measured on 24 Apr 2009. Using an estimated price of £311,958 means this house is valued at £2,734 per sq meter (£254 per sq foot).
The average size of a house on NORTH MALVERN ROAD is 141 sq meters (1,527 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near B4219 |