£240,346
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near Malvern Close
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| Price Paid | Date |
|---|---|
| £195,000 | 26 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for HEREFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £195,000 results in an estimated price of approximately £240,346.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £195,000 | £45,346 | £240,346 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | -11.626 % | £-22,671 | £172,328 |
| 3 Month Average | 24.263 % | £47,313 | £242,313 |
| 6 Month Average | 20.542 % | £40,057 | £235,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £436,793 | £433,000 | 4 EVEREST CRESCENT |
| 26 Oct 2023 | £327,437 | £320,000 | 9 SHIPTON CLOSE |
| 31 Mar 2023 | £292,383 | £287,500 | 48 KINGS ACRE ROAD |
| 29 Mar 2023 | £305,095 | £300,000 | 1 STRETTON CLOSE |
| 24 Mar 2023 | £330,520 | £325,000 | 41 HILLARY DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Oct 2018. Using an estimated price of £240,347 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on MALLORY CLOSE is 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Malvern Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Malvern Close |
| Jun 2024 | Burglary | Under investigation | On or near Malvern Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tensing Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Grampian Close |