£77,558
This estimated value is based upon the latest sale price for the house of £52,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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Price Paid | Date |
---|---|
£52,000 | 12 Dec 2014 |
£84,950 | 24 Feb 2006 |
£56,500 | 30 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 December 2014 the House Price Index for WORCESTERSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £52,000 results in an estimated price of approximately £77,558.
12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £52,000 | £25,558 | £77,558 |
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 | 69.740 % | £36,264 | £88,264 |
3 Month Average | 30.807 % | £16,019 | £68,019 |
6 Month Average | 45.056 % | £23,428 | £75,428 |
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 49 sq meters or 527 sq feet when measured on 23 Apr 2013. Using an estimated price of £77,559 means this house is valued at £1,582 per sq meter (£147 per sq foot).
The average size of a house on ANCHORFIELDS is 58 sq meters (627 sq feet).