£519,487
This estimated value is based upon the latest sale price for the house of £340,000 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 28 Jul 2014 |
| £195,000 | 24 May 2000 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 2014 the House Price Index for HEREFORDSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £340,000 results in an estimated price of approximately £519,487.
| 28 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £340,000 | £179,487 | £519,487 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 107.052 % | £363,978 | £703,978 |
| 3 Month Average | 49.999 % | £169,996 | £509,996 |
| 6 Month Average | 53.043 % | £180,344 | £520,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £303,885 | £300,000 | BARNETTS COTTAGE HOMEND CRESCENT |
| 31 Mar 2023 | £85,808 | £85,000 | FLAT 1 DAWES COURT, 223 THE HOMEND |
| 30 Mar 2023 | £4,751,924 | £4,707,155 | THE HOMEND GARAGE THE HOMEND |
| 29 Mar 2023 | £606,716 | £601,000 | 29 BANK CRESCENT |
| 5 Jan 2023 | £77,634 | £78,000 | FLAT 23 DAWES COURT THE HOMEND |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 4 Nov 2014. Using an estimated price of £519,488 means this house is valued at £4,765 per sq meter (£442 per sq foot).
The average size of a house on HOMEND CRESCENT is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A438 |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |