£618,339
This estimated value is based upon the latest sale price for the house of £500,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 5 Apr 2019 |
| £410,000 | 17 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 April 2019 the House Price Index for HEREFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £500,000 results in an estimated price of approximately £618,339.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £500,000 | £118,339 | £618,339 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | -22.211 % | £-111,055 | £388,944 |
| 3 Month Average | 8.814 % | £44,067 | £544,067 |
| 6 Month Average | 19.940 % | £99,700 | £599,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £186,510 | £184,000 | FLAT 3 PALMERSTON COURT PALMERSTON ROAD |
| 17 Mar 2023 | £772,276 | £765,000 | NEWTON VILLA ASHFIELD CRESCENT |
| 19 Aug 2022 | £668,201 | £670,000 | PENRICE WALFORD ROAD |
| 25 Mar 2022 | £398,961 | £385,000 | POPLAR LODGE PALMERSTON ROAD |
| 23 Mar 2022 | £281,863 | £272,000 | 12 ASHFIELD CRESCENT |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 26 Apr 2018. Using an estimated price of £618,340 means this house is valued at £3,378 per sq meter (£313 per sq foot).
The average size of a house on WALFORD ROAD is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Palmerston Road | |
| Feb 2024 | Anti-social behaviour | On or near Palmerston Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Roslins |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Goodrich Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Goodrich Close |