£81,435
This estimated value is based upon the latest sale price for the house of £63,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£63,000 | 28 Apr 2017 |
£71,000 | 30 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2017 the House Price Index for WORCESTERSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £63,000 results in an estimated price of approximately £81,435.
28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £63,000 | £18,435 | £81,435 |
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 | 8.387 % | £5,283 | £68,283 |
3 Month Average | 18.979 % | £11,957 | £74,957 |
6 Month Average | 34.983 % | £22,039 | £85,039 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £178,625 | £175,500 | 58 GEORGE STREET |
8 Sep 2023 | £73,439 | £72,500 | FLAT 32 GEORGE LAW COURT ANCHORFIELDS |
31 Jul 2023 | £136,842 | £135,000 | 20 ANCHORFIELDS |
27 Jan 2023 | £164,226 | £165,000 | 42 GEORGE STREET |
27 Jan 2023 | £177,165 | £178,000 | 73 GEORGE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Mar 2015. Using an estimated price of £81,435 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on ANCHORFIELDS is 58 sq meters (627 sq feet).