£224,816
This estimated value is based upon the latest sale price for the house of £60,000 on 31 Jul 2000. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 31 Jul 2000 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 July 2000 the House Price Index for HEREFORDSHIRE was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £60,000 results in an estimated price of approximately £224,816.
31 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 149.7 | 274.694 % | £60,000 | £164,816 | £224,816 |
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 | 177.322 % | £106,393 | £166,393 |
3 Month Average | 222.977 % | £133,786 | £193,786 |
6 Month Average | 241.071 % | £144,642 | £204,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £332,553 | £325,000 | 22 CANONMOOR STREET |
19 Oct 2023 | £189,299 | £185,000 | 14 CANONMOOR STREET |
23 Jun 2023 | £209,192 | £205,000 | 1 WALMER STREET |
20 Jun 2023 | £147,965 | £145,000 | 9 CANONMOOR STREET |
17 Mar 2023 | £50,849 | £50,000 | FLAT 1 9 PORTLAND STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Oct 2019. Using an estimated price of £224,816 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on MOORFIELD STREET is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Local resolution | On or near Moorfield Street |