£337,483
This estimated value is based upon the latest sale price for the house of £315,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 1 Dec 2021 |
| £186,000 | 25 Jul 2007 |
| £64,500 | 19 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 December 2021 the House Price Index for HEREFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £315,000 results in an estimated price of approximately £337,483.
| 1 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £315,000 | £22,483 | £337,483 |
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 | -74.008 % | £-233,123 | £81,876 |
| 3 Month Average | -13.489 % | £-42,491 | £272,508 |
| 6 Month Average | -6.791 % | £-21,390 | £293,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £208,651 | £205,000 | 5 CLOVER TERRACE |
| 24 Nov 2023 | £192,855 | £190,000 | 3 CLOVER TERRACE |
| 26 Sep 2023 | £171,189 | £169,000 | 25 YORK ROAD |
| 24 Mar 2023 | £174,645 | £173,000 | 42 BANNUT TREE ESTATE |
| 31 Jan 2023 | £218,969 | £220,000 | 5 BANNUT TREE ESTATE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 19 Aug 2021. Using an estimated price of £337,484 means this house is valued at £2,743 per sq meter (£254 per sq foot).
There is one other house on the street which we know the size of, this is 2 CLOVER ROAD it is 135.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clover Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bannut Tree |
| Jan 2024 | Anti-social behaviour | On or near Bannut Tree | |
| Jan 2024 | Anti-social behaviour | On or near Bannut Tree |