£645,037
This estimated value is based upon the latest sale price for the house of £490,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 31 Jan 2017 |
| Freehold |
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 January 2017 the House Price Index for WORCESTERSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £490,000 results in an estimated price of approximately £645,037.
| 31 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £490,000 | £155,037 | £645,037 |
The Postcode Pricing Model uses changes in average sales price within the B98 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 | 50.062 % | £245,301 | £735,301 |
| 3 Month Average | 39.235 % | £192,250 | £682,250 |
| 6 Month Average | 34.179 % | £167,478 | £657,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £364,602 | £359,000 | 56 WHETSTONE STREET |
| 14 Mar 2024 | £238,667 | £235,000 | 47 WHETSTONE STREET |
| 15 Dec 2023 | £154,755 | £150,000 | 7 RUSHOCK CLOSE |
| 23 Jun 2023 | £207,151 | £203,000 | 3 GREEN LANE |
| 1 Jun 2023 | £469,407 | £460,000 | 38 GREEN LANE |