£214,661
This estimated value is based upon the latest sale price for the house of £172,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,500 | 15 Feb 2019 |
| £139,000 | 18 Dec 2015 |
| £155,500 | 31 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 February 2019 the House Price Index for WORCESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £172,500 results in an estimated price of approximately £214,661.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £172,500 | £42,161 | £214,661 |
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 | 28.126 % | £48,517 | £221,017 |
| 3 Month Average | 23.191 % | £40,004 | £212,504 |
| 6 Month Average | 46.053 % | £79,441 | £251,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £143,156 | £140,000 | FLAT 20 NEWPORT HOUSE NEWPORT STREET |
| 19 Aug 2022 | £120,564 | £120,000 | FLAT 3 NEWPORT HOUSE NEWPORT STREET |
| 27 May 2022 | £123,210 | £120,000 | FLAT 4 NEWPORT HOUSE NEWPORT STREET |
| 23 Mar 2022 | £130,492 | £125,000 | FLAT 65 NEWPORT HOUSE NEWPORT STREET |
| 14 Feb 2022 | £129,944 | £123,000 | FLAT 42 NEWPORT HOUSE NEWPORT STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Mar 2013. Using an estimated price of £214,661 means this house is valued at £3,203 per sq meter (£297 per sq foot).
The average size of a house on NEWPORT STREET is 62 sq meters (668 sq feet).