£254,591
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 25 Aug 2023 |
| £194,950 | 5 Apr 2018 |
| £172,000 | 23 Mar 2012 |
| £165,000 | 28 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,298 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 August 2023 the House Price Index for HEREFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £250,000 results in an estimated price of approximately £254,591.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £250,000 | £4,591 | £254,591 |
The Postcode Pricing Model uses changes in average sales price within the HR6 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 | 8.994 % | £22,485 | £272,485 |
| 3 Month Average | 8.673 % | £21,681 | £271,681 |
| 6 Month Average | 15.358 % | £38,395 | £288,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £231,886 | £226,000 | 1 PRINTERS MEWS |
| 3 Nov 2023 | £232,912 | £227,000 | 5 PRINTERS MEWS |
| 25 Aug 2023 | £254,592 | £250,000 | 11 LOWER LEYS WAY |
| 9 Jun 2023 | £280,624 | £275,000 | 12 JACQUES ROAD |
| 24 Feb 2023 | £228,023 | £226,500 | 3 PRINTERS MEWS |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 3 Jun 2009. Using an estimated price of £254,592 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on LOWER LEYS WAY is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Jacques Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Longfield Way |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Longfield Way |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Longfield Way |
| Jul 2024 | Public order | Under investigation | On or near St Botolphs Green |