£619,108
This estimated value is based upon the latest sale price for the house of £420,000 on 27 Mar 2015. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£420,000 | 27 Mar 2015 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 March 2015 the House Price Index for HEREFORDSHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £420,000 results in an estimated price of approximately £619,108.
27 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £420,000 | £199,108 | £619,108 |
The Postcode Pricing Model uses changes in average sales price within the HR1 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 | -21.747 % | £-91,337 | £328,662 |
3 Month Average | 25.798 % | £108,353 | £528,353 |
6 Month Average | 27.250 % | £114,448 | £534,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2023 | £471,344 | £465,000 | 3 JUDGES CLOSE |
6 Jan 2023 | £420,519 | £422,500 | 17 BELGRAVIA GARDENS |
4 Nov 2022 | £454,495 | £460,000 | 23 BODENHAM ROAD |
15 Aug 2022 | £249,329 | £250,000 | 66 SOUTHBANK ROAD |
4 Oct 2021 | £218,529 | £197,500 | 5 BANK VIEW SOUTHBANK ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 13 Mar 2015. Using an estimated price of £619,108 means this house is valued at £3,798 per sq meter (£352 per sq foot).
The average size of a house on SOUTHBANK ROAD is 158 sq meters (1,704 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hatterall Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatterall Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatterall Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Jury Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jury Gardens |