£198,659
This estimated value is based upon the latest sale price for the house of £183,000 on 21 Sep 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £183,000 | 21 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 September 2021 the House Price Index for HEREFORDSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £183,000 results in an estimated price of approximately £198,659.
| 21 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £183,000 | £15,659 | £198,659 |
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 | 9.293 % | £17,006 | £200,006 |
| 3 Month Average | 26.299 % | £48,126 | £231,126 |
| 6 Month Average | 3.836 % | £7,019 | £190,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £131,139 | £130,000 | 38 LEADON BANK ORCHARD LANE |
| 14 Nov 2023 | £123,125 | £120,000 | 36 LEADON BANK ORCHARD LANE |
| 15 Sep 2023 | £107,367 | £105,000 | 34 LEADON BANK ORCHARD LANE |
| 31 Mar 2023 | £134,750 | £132,500 | 35 LEADON BANK ORCHARD LANE |
| 31 Mar 2023 | £223,736 | £220,000 | 3 BELLE ORCHARD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Oct 2018. Using an estimated price of £198,659 means this house is valued at £2,879 per sq meter (£267 per sq foot).
The average size of a house on BELLE ORCHARD is 143 sq meters (1,543 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Belle Orchard Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belle Orchard Close |