£308,939
This estimated value is based upon the latest sale price for the house of £300,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 1 Apr 2022 |
| 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 April 2022 the House Price Index for HEREFORDSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £300,000 results in an estimated price of approximately £308,939.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £300,000 | £8,939 | £308,939 |
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 | 112.509 % | £337,526 | £637,526 |
| 3 Month Average | -1.788 % | £-5,364 | £294,635 |
| 6 Month Average | 5.997 % | £17,992 | £317,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £227,914 | £225,000 | 74 CHURCHILL MEADOWS |
| 14 Jul 2023 | £212,865 | £210,000 | 44 ALBERT ROAD |
| 24 Mar 2023 | £280,139 | £277,500 | 40 ALBERT ROAD |
| 4 Nov 2022 | £247,008 | £250,000 | 66 CHURCHILL MEADOWS |
| 1 Apr 2022 | £308,940 | £300,000 | 1 CHURCHILL MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Churchill Meadow |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Little Marcle Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Little Marcle Road |