£325,639
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Apr 2015. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 28 Apr 2015 |
| £141,500 | 19 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORDSHIRE to estimate the market value.
When this house was purchased in April 2015 the House Price Index for HEREFORDSHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £220,000 results in an estimated price of approximately £325,639.
| 28 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £220,000 | £105,639 | £325,639 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | 86.773 % | £190,899 | £410,899 |
| 3 Month Average | 17.681 % | £38,897 | £258,897 |
| 6 Month Average | 25.728 % | £56,600 | £276,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £270,306 | £262,000 | 84 OLD ROAD |
| 17 Nov 2023 | £256,511 | £250,000 | UNIT 12 PORTHOUSE INDUSTRIAL ESTATE |
| 30 Oct 2023 | £345,343 | £337,500 | UNIT 11 PORTHOUSE INDUSTRIAL ESTATE |
| 27 Oct 2023 | £144,277 | £141,000 | 48 OLD ROAD |
| 30 Aug 2023 | £221,495 | £217,500 | CHESTNUT COTTAGE, 22A OLD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 27 May 2015. Using an estimated price of £325,640 means this house is valued at £2,605 per sq meter (£242 per sq foot).
The average size of a house on FIRS LANE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Wye Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Wye Avenue | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wye Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Avenue |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wye Avenue |