£440,554
This estimated value is based upon the latest sale price for the house of £380,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 27 Nov 2020 |
| £269,000 | 2 Nov 2007 |
| £135,000 | 31 Oct 2003 |
| £88,000 | 24 Jun 1998 |
| Detached |
| Freehold |
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 2020 the House Price Index for HEREFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £380,000 results in an estimated price of approximately £440,554.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £380,000 | £60,554 | £440,554 |
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 | -40.695 % | £-154,642 | £225,357 |
| 3 Month Average | -8.336 % | £-31,675 | £348,324 |
| 6 Month Average | -3.244 % | £-12,328 | £367,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £142,104 | £140,000 | 8 BACKBURY VIEW |
| 24 Aug 2023 | £541,739 | £537,000 | PYE COTTAGE |
| 16 Sep 2022 | £386,876 | £390,000 | PRIORS COURT BUNGALOW |
| 22 Dec 2021 | £279,897 | £261,250 | PRIORS COURT BARN |
| 9 Dec 2021 | £428,551 | £400,000 | CEDARS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Clay Hill Pit |
| Feb 2024 | Other theft | Under investigation | On or near Clay Hill Pit |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Vale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Vale |