£156,505
This estimated value is based upon the latest sale price for the house of £92,000 on 27 Oct 2010. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 27 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2010 the House Price Index for HEREFORDSHIRE was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £92,000 results in an estimated price of approximately £156,505.
| 27 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £92,000 | £64,505 | £156,505 |
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 | -12.693 % | £-11,677 | £80,322 |
| 3 Month Average | 21.899 % | £20,147 | £112,147 |
| 6 Month Average | 29.364 % | £27,014 | £119,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £131,954 | £130,000 | 3 VICTORIA AVENUE |
| 15 Aug 2023 | £191,677 | £190,000 | 10 OLD DITCH CLOSE |
| 9 Aug 2023 | £181,589 | £180,000 | 13 BROAD STREET |
| 3 Aug 2023 | £358,133 | £355,000 | 19 NUNWELL ROAD |
| 2 Jun 2023 | £485,886 | £480,000 | 5 LINTON LANE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 28 Oct 2014. Using an estimated price of £156,506 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on TOWER HILL is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nunwell Road |
| Apr 2024 | Other theft | Under investigation | On or near Frog Lane |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Frog Lane |