£117,551
This estimated value is based upon the latest sale price for the house of £64,500 on 14 Oct 2005. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £64,500 | 14 Oct 2005 |
| £53,000 | 15 Aug 2003 |
| £45,000 | 14 Nov 2002 |
| £22,500 | 26 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 312 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 October 2005 the House Price Index for WORCESTERSHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £64,500 results in an estimated price of approximately £117,551.
| 14 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £64,500 | £53,051 | £117,551 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 45.634 % | £29,433 | £93,933 |
| 3 Month Average | 27.750 % | £17,898 | £82,398 |
| 6 Month Average | 43.534 % | £28,079 | £92,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £182,207 | £180,000 | 26 YEW TREE ROAD |
| 18 Jan 2023 | £184,133 | £185,000 | 8 LORNE GROVE |
| 22 Jul 2022 | £198,534 | £198,000 | 8 COMBERTON ROAD |
| 15 Jul 2022 | £350,945 | £350,000 | 158 CHESTER ROAD NORTH |
| 26 May 2022 | £647,195 | £635,000 | 19 COMBERTON ROAD |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 23 Sep 2014. Using an estimated price of £117,552 means this house is valued at £4,053 per sq meter (£376 per sq foot).
The average size of a house on LORNE STREET is 77 sq meters (836 sq feet).