£117,738
This estimated value is based upon the latest sale price for the house of £24,500 on 26 Feb 1998. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£24,500 | 26 Feb 1998 |
Terraced |
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 February 1998 the House Price Index for WORCESTERSHIRE was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £24,500 results in an estimated price of approximately £117,738.
26 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 148.6 | 380.566 % | £24,500 | £93,238 | £117,738 |
The Postcode Pricing Model uses changes in average sales price within the DY13 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 | 282.399 % | £69,187 | £93,687 |
3 Month Average | 222.665 % | £54,552 | £79,052 |
6 Month Average | 288.273 % | £70,626 | £95,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jan 2023 | £189,109 | £190,000 | 8 WARWICK STREET |
21 Apr 2022 | £406,771 | £395,000 | 30 MINSTER ROAD |
18 Feb 2021 | £144,173 | £127,000 | 1 WARWICK STREET |
17 Dec 2020 | £176,748 | £154,000 | 15 MANOR ROAD |
7 Oct 2020 | £174,789 | £149,000 | 3 WARWICK STREET |