£292,477
This estimated value is based upon the latest sale price for the house of £172,000 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£172,000 | 22 Feb 2013 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,248 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 February 2013 the House Price Index for HEREFORDSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £172,000 results in an estimated price of approximately £292,477.
22 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £172,000 | £120,477 | £292,477 |
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 | 33.353 % | £57,367 | £229,367 |
3 Month Average | 61.829 % | £106,345 | £278,345 |
6 Month Average | 38.492 % | £66,206 | £238,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £342,785 | £335,000 | MAYLANDS VICTORIA ROAD |
31 May 2022 | £426,101 | £415,000 | THE BUILDERS YARD VICTORIA ROAD |
1 Apr 2022 | £311,227 | £300,000 | 1 CHURCHILL MEADOW |
11 Mar 2022 | £214,006 | £205,000 | 11 CHURCHILL MEADOW |
31 Jan 2022 | £477,089 | £450,000 | 2 HARLEQUIN CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 May 2012. Using an estimated price of £292,478 means this house is valued at £2,521 per sq meter (£234 per sq foot).
The average size of a house on VICTORIA ROAD is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Jul 2024 | Vehicle crime | Under investigation | On or near Victoria Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |