£216,869
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Jul 2018 |
| £80,000 | 30 Jun 2006 |
| £44,950 | 7 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in July 2018 the House Price Index for HEREFORD AND WORCESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £175,000 results in an estimated price of approximately £216,869.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £175,000 | £41,869 | £216,869 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | 71.113 % | £124,447 | £299,447 |
| 3 Month Average | 23.626 % | £41,344 | £216,344 |
| 6 Month Average | 13.106 % | £22,935 | £197,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | 11 SPRING GARDENS |
| 4 Aug 2023 | £266,330 | £264,000 | 25 MORTIMER ROAD |
| 20 Jul 2023 | £202,729 | £200,000 | 4 SPRING GARDENS |
| 9 Jun 2023 | £161,962 | £160,000 | 10 SPRING GARDENS |
| 15 Feb 2023 | £222,850 | £223,000 | 25 HOLMER ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Mar 2018. Using an estimated price of £216,870 means this house is valued at £2,612 per sq meter (£242 per sq foot).
There is one other house on the street which we know the size of, this is 3 PERSEVERANCE ROAD it is 72.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mortimer Trading Centre |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |