£91,974
This estimated value is based upon the latest sale price for the house of £75,000 on 21 Oct 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 21 Oct 2019 |
| £500 | 1 Jul 2019 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 58 sq meters or 624 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 October 2019 the House Price Index for HEREFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £75,000 results in an estimated price of approximately £91,974.
| 21 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £75,000 | £16,974 | £91,974 |
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 | -23.455 % | £-17,591 | £57,408 |
| 3 Month Average | 18.035 % | £13,526 | £88,526 |
| 6 Month Average | 47.798 % | £35,848 | £110,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £219,420 | £217,500 | CHESTNUT COTTAGE, 22A OLD ROAD |
| 15 Aug 2023 | £191,677 | £190,000 | 10 OLD DITCH CLOSE |
| 31 Jul 2023 | £157,115 | £155,000 | THE COACH HOUSE 2, 14 ROWBERRY STREET |
| 11 Jan 2023 | £117,447 | £118,000 | 1 BLACKSMITHS COURT LITTLE HEREFORD STREET |
| 1 Sep 2022 | £143,838 | £145,000 | 43 HIGH STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Jun 2019. Using an estimated price of £91,974 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on OLD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sheep Close | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sheep Close |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Cruxwell Street |
| Jan 2024 | Anti-social behaviour | On or near Cruxwell Street | |
| Jan 2024 | Anti-social behaviour | On or near Cruxwell Street |