£260,796
This estimated value is based upon the latest sale price for the house of £217,500 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£217,500 | 28 Aug 2020 |
£66,000 | 19 Apr 1996 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 August 2020 the House Price Index for WORCESTERSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £217,500 results in an estimated price of approximately £260,796.
28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £217,500 | £43,296 | £260,796 |
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 | 0.444 % | £965 | £218,465 |
3 Month Average | 1.536 % | £3,341 | £220,841 |
6 Month Average | 15.368 % | £33,425 | £250,925 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £253,238 | £250,000 | 102 LINNET RISE |
30 Jun 2023 | £362,390 | £358,000 | 16 CHAFFINCH DRIVE |
16 Jun 2023 | £273,311 | £270,000 | 22 CHAFFINCH DRIVE |
20 May 2022 | £255,820 | £251,000 | 99 CHAFFINCH DRIVE |
20 May 2022 | £292,512 | £287,000 | 24 CHAFFINCH DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Jan 2020. Using an estimated price of £260,797 means this house is valued at £3,343 per sq meter (£310 per sq foot).
The average size of a house on CHAFFINCH DRIVE is 82 sq meters (884 sq feet).