£613,524
This estimated value is based upon the latest sale price for the house of £600,000 on 21 Sep 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 21 Sep 2023 |
| £167,000 | 27 Nov 2001 |
| £149,950 | 28 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 September 2023 the House Price Index for HEREFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £600,000 results in an estimated price of approximately £613,524.
| 21 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £600,000 | £13,524 | £613,524 |
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 | -21.524 % | £-129,145 | £470,854 |
| 3 Month Average | -17.951 % | £-107,704 | £492,295 |
| 6 Month Average | -21.624 % | £-129,743 | £470,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £277,032 | £270,000 | 6 MASSEY ROAD |
| 12 Oct 2023 | £240,461 | £235,000 | 8 JOHN LEE ROAD |
| 28 Sep 2023 | £286,311 | £280,000 | 5 HOPTON CLOSE |
| 21 Sep 2023 | £613,525 | £600,000 | 2 JOHN LEE ROAD |
| 20 Dec 2021 | £404,740 | £375,000 | 6 HOPTON CLOSE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 20 May 2015. Using an estimated price of £613,525 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on JOHN LEE ROAD is 97 sq meters (1,052 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Lee Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Leadon Way |
| Jun 2024 | Public order | Under investigation | On or near Skippe Close |
| Jun 2024 | Anti-social behaviour | On or near Lady Somerset Drive | |
| Jun 2024 | Anti-social behaviour | On or near Lady Somerset Drive |