£218,687
This estimated value is based upon the latest sale price for the house of £145,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£145,000 | 10 Oct 2014 |
£115,000 | 26 Sep 2003 |
£115,000 | 26 Sep 2003 |
£50,000 | 31 Jan 1997 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,155 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 October 2014 the House Price Index for HEREFORDSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £145,000 results in an estimated price of approximately £218,687.
10 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £145,000 | £73,687 | £218,687 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | 56.203 % | £81,494 | £226,494 |
3 Month Average | 48.671 % | £70,573 | £215,573 |
6 Month Average | 62.438 % | £90,534 | £235,534 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £181,577 | £180,000 | 107 WINSLOW ROAD |
25 Sep 2023 | £245,410 | £240,000 | 39 BRAMLEY ORCHARDS |
25 Sep 2023 | £388,566 | £380,000 | 62 BRAMLEY ORCHARDS |
30 Aug 2023 | £297,872 | £292,500 | 5 BRAMLEY ORCHARDS |
11 Apr 2023 | £336,290 | £330,000 | 60 BRAMLEY ORCHARDS |
This house has a floor area of 107 sq meters or 1,155 sq feet when measured on 26 Feb 2011. Using an estimated price of £218,687 means this house is valued at £2,036 per sq meter (£189 per sq foot).
The average size of a house on WINSLOW ROAD is 88 sq meters (953 sq feet).