£341,163
This estimated value is based upon the latest sale price for the house of £225,000 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 5 Sep 2014 |
| £185,000 | 15 Nov 2013 |
| 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 September 2014 the House Price Index for HEREFORDSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £225,000 results in an estimated price of approximately £341,163.
| 5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £225,000 | £116,163 | £341,163 |
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 | -13.371 % | £-30,085 | £194,914 |
| 3 Month Average | 37.189 % | £83,674 | £308,674 |
| 6 Month Average | 34.677 % | £78,023 | £303,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £504,380 | £500,000 | THE ORCHARD |
| 2 Nov 2023 | £525,925 | £512,575 | APPLE BARN 2 TOWNSEND BARNS |
| 19 May 2022 | £205,350 | £200,000 | ACORN COTTAGE |
| 18 May 2022 | £654,552 | £637,500 | 1 TOWNSEND BARNS |
| 6 May 2022 | £530,829 | £517,000 | BRAMLEY HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Crew'S Pitch |
| Jul 2024 | Burglary | Under investigation | On or near Parking Area |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Watery Lane |