£216,571
This estimated value is based upon the latest sale price for the house of £173,500 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£173,500 | 27 Apr 2018 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 April 2018 the House Price Index for WORCESTERSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £173,500 results in an estimated price of approximately £216,571.
27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £173,500 | £43,071 | £216,571 |
The Postcode Pricing Model uses changes in average sales price within the DY11 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 | 30.426 % | £52,788 | £226,288 |
3 Month Average | 21.249 % | £36,867 | £210,367 |
6 Month Average | 16.750 % | £29,061 | £202,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £136,191 | £135,000 | 13 SNOWDON CLOSE |
11 Jul 2023 | £261,013 | £257,500 | 10 PINEWOOD CLOSE |
24 Mar 2023 | £282,663 | £280,000 | 27 SNOWDON CLOSE |
15 Jun 2022 | £256,627 | £253,000 | 23 COURT CLOSE |
2 Feb 2022 | £288,391 | £275,000 | 10 SNOWDON CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Nov 2017. Using an estimated price of £216,572 means this house is valued at £2,279 per sq meter (£211 per sq foot).
The average size of a house on PINEWOOD CLOSE is 128 sq meters (1,382 sq feet).