£369,752
This estimated value is based upon the latest sale price for the house of £242,000 on 15 Jul 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £242,000 | 15 Jul 2014 |
| £195,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 £242,000 results in an estimated price of approximately £369,752.
| 15 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £242,000 | £127,752 | £369,752 |
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 % | £259,066 | £501,066 |
| 3 Month Average | 49.999 % | £120,997 | £362,997 |
| 6 Month Average | 53.043 % | £128,363 | £370,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £422,970 | £415,000 | THE BUILDERS YARD VICTORIA ROAD |
| 1 Apr 2022 | £308,940 | £300,000 | 1 CHURCHILL MEADOW |
| 11 Mar 2022 | £212,434 | £205,000 | 11 CHURCHILL MEADOW |
| 31 Jan 2022 | £473,584 | £450,000 | 2 HARLEQUIN CLOSE |
| 15 Dec 2021 | £184,813 | £172,500 | BILLS YARD VICTORIA ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 22 Jan 2014. Using an estimated price of £369,753 means this house is valued at £2,718 per sq meter (£252 per sq foot).
The average size of a house on VICTORIA ROAD is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oatleys Crescent |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close |