£540,258
This estimated value is based upon the latest sale price for the house of £455,000 on 24 Sep 2020. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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Price Paid | Date |
---|---|
£455,000 | 24 Sep 2020 |
£395,000 | 17 Jul 2014 |
£110,000 | 14 Feb 1997 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in September 2020 the House Price Index for HEREFORD AND WORCESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £455,000 results in an estimated price of approximately £540,258.
24 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £455,000 | £85,258 | £540,258 |
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 | -50.273 % | £-228,744 | £226,255 |
3 Month Average | 5.543 % | £25,219 | £480,219 |
6 Month Average | 11.316 % | £51,488 | £506,488 |
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 169 sq meters or 1,819 sq feet when measured on 14 Nov 2013. Using an estimated price of £540,259 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on SOUTHBANK ROAD is 158 sq meters (1,704 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Folly Lane |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jury Gardens |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aylestone Drive |