£296,496
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£240,000 | 16 Oct 2019 |
£117,500 | 25 Jan 2002 |
£88,950 | 9 Feb 2001 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £240,000 results in an estimated price of approximately £296,496.
16 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £240,000 | £56,496 | £296,496 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | -16.063 % | £-38,551 | £201,448 |
3 Month Average | 13.448 % | £32,275 | £272,275 |
6 Month Average | 5.374 % | £12,898 | £252,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £467,178 | £460,000 | 14 AUDEN CRESCENT |
28 Sep 2023 | £286,311 | £280,000 | 5 HOPTON CLOSE |
20 Dec 2021 | £404,740 | £375,000 | 6 HOPTON CLOSE |
26 Nov 2021 | £228,799 | £210,000 | 10 LADY SOMERSET DRIVE |
28 Sep 2021 | £255,109 | £235,000 | 3 HOPTON CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Jun 2019. Using an estimated price of £296,496 means this house is valued at £4,118 per sq meter (£382 per sq foot).
The average size of a house on LADY SOMERSET DRIVE is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Lady Somerset Drive | |
Jun 2024 | Anti-social behaviour | On or near Lady Somerset Drive | |
Jun 2024 | Public order | Under investigation | On or near Skippe Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Lee Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thomas Close |