£224,586
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Nov 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 17 Nov 2014 |
£154,000 | 15 Jan 2007 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 November 2014 the House Price Index for HEREFORDSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £150,000 results in an estimated price of approximately £224,586.
17 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £150,000 | £74,586 | £224,586 |
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 | -12.455 % | £-18,681 | £131,318 |
3 Month Average | 29.185 % | £43,777 | £193,777 |
6 Month Average | 29.050 % | £43,575 | £193,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £267,339 | £265,000 | 16 QUEENSWAY |
5 Sep 2022 | £238,077 | £240,000 | 34 QUEENSWAY |
18 Aug 2022 | £216,916 | £217,500 | 47 ALEXANDRA AVENUE |
12 Aug 2022 | £239,356 | £240,000 | 22 ALEXANDRA AVENUE |
13 Jul 2022 | £225,607 | £225,000 | 59 PRINCESS AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Jun 2014. Using an estimated price of £224,586 means this house is valued at £3,743 per sq meter (£347 per sq foot).
The average size of a house on QUEENSWAY is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Avenue |