£219,009
This estimated value is based upon the latest sale price for the house of £165,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 18 Nov 2016 |
| £153,000 | 4 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2016 the House Price Index for HEREFORDSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £165,000 results in an estimated price of approximately £219,009.
| 18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £165,000 | £54,009 | £219,009 |
The Postcode Pricing Model uses changes in average sales price within the HR1 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 | 34.749 % | £57,335 | £222,335 |
| 3 Month Average | 23.170 % | £38,230 | £203,230 |
| 6 Month Average | 28.712 % | £47,374 | £212,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £242,000 | £242,000 | 64 ALEXANDRA AVENUE |
| 4 Aug 2023 | £269,867 | £265,000 | 16 QUEENSWAY |
| 5 Jun 2023 | £220,927 | £216,500 | 95 QUEENSWAY |
| 5 Sep 2022 | £239,840 | £240,000 | 34 QUEENSWAY |
| 18 Aug 2022 | £218,522 | £217,500 | 47 ALEXANDRA AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Sep 2014. Using an estimated price of £219,009 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on QUEENSWAY is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Queensway |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Green |
| Oct 2024 | Other theft | Under investigation | On or near Alexandra Avenue |
| Sep 2024 | Drugs | Under investigation | On or near Alexandra Avenue |