£217,406
This estimated value is based upon the latest sale price for the house of £174,000 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £174,000 | 12 Feb 2018 |
| £168,000 | 20 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 737 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 2018 the House Price Index for HEREFORDSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £174,000 results in an estimated price of approximately £217,406.
| 12 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £174,000 | £43,406 | £217,406 |
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 | -12.263 % | £-21,336 | £152,663 |
| 3 Month Average | 1.642 % | £2,857 | £176,857 |
| 6 Month Average | 22.327 % | £38,848 | £212,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £347,173 | £342,500 | 14 KENT AVENUE |
| 21 Jul 2023 | £186,510 | £184,000 | FLAT 3 PALMERSTON COURT PALMERSTON ROAD |
| 17 Mar 2023 | £772,276 | £765,000 | NEWTON VILLA ASHFIELD CRESCENT |
| 20 Jan 2023 | £177,165 | £178,000 | FLAT 1 HIGHGATE WALFORD ROAD |
| 19 Aug 2022 | £668,201 | £670,000 | PENRICE WALFORD ROAD |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 16 Apr 2008. Using an estimated price of £217,406 means this house is valued at £3,171 per sq meter (£294 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 | |
| Mar 2024 | Drugs | Under investigation | On or near Ashfield Park Road |
| Mar 2024 | Drugs | Under investigation | On or near Ashfield Park Road |