£244,253
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Sep 2021 |
| £217,000 | 16 Sep 2005 |
| £237,500 | 23 Jul 2004 |
| £59,000 | 30 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in September 2021 the House Price Index for HEREFORD AND WORCESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £225,000 results in an estimated price of approximately £244,253.
| 17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £225,000 | £19,253 | £244,253 |
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 | 11.312 % | £25,450 | £250,450 |
| 3 Month Average | 1.798 % | £4,045 | £229,045 |
| 6 Month Average | -15.069 % | £-33,905 | £191,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £380,110 | £373,000 | 58 MANTELLA DRIVE |
| 16 Aug 2022 | £381,785 | £380,000 | 366 LEDBURY ROAD |
| 25 Jul 2022 | £328,289 | £325,000 | 279 LEDBURY ROAD |
| 6 Dec 2021 | £356,172 | £330,000 | 10 GREAT CRESTED CRESCENT |
| 30 Sep 2021 | £417,944 | £385,000 | 53 MANTELLA DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Aug 2014. Using an estimated price of £244,253 means this house is valued at £3,213 per sq meter (£298 per sq foot).
The average size of a house on HAMPTON DENE ROAD is 114 sq meters (1,237 sq feet).