£677,150
This estimated value is based upon the latest sale price for the house of £590,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £590,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 244 sq meters or 2,626 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 December 2020 the House Price Index for HEREFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £590,000 results in an estimated price of approximately £677,150.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £590,000 | £87,150 | £677,150 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | -49.344 % | £-291,131 | £298,868 |
| 3 Month Average | -15.952 % | £-94,116 | £495,883 |
| 6 Month Average | -6.166 % | £-36,380 | £553,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £298,218 | £293,000 | 5 HIGHWELL AVENUE |
| 1 Dec 2023 | £208,651 | £205,000 | 5 CLOVER TERRACE |
| 24 Nov 2023 | £192,855 | £190,000 | 3 CLOVER TERRACE |
| 11 Aug 2023 | £433,795 | £430,000 | 51 NEW ROAD |
| 7 Jul 2023 | £334,451 | £329,950 | 2 STONEHILL CLOSE |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 23 Jul 2020. Using an estimated price of £677,151 means this house is valued at £2,775 per sq meter (£257 per sq foot).
The average size of a house on NEW ROAD is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A44 |
| Apr 2024 | Anti-social behaviour | On or near A44 | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clover Road |