£314,346
This estimated value is based upon the latest sale price for the house of £275,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 2 Dec 2020 |
| £181,000 | 18 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2020 the House Price Index for HEREFORDSHIRE was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £275,000 results in an estimated price of approximately £314,346.
| 2 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £275,000 | £39,346 | £314,346 |
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 | 12.073 % | £33,201 | £308,201 |
| 3 Month Average | 6.873 % | £18,899 | £293,899 |
| 6 Month Average | 6.819 % | £18,752 | £293,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £310,882 | £305,000 | 16 THREE ELMS ROAD |
| 1 Dec 2023 | £321,074 | £315,000 | 6 OATFIELD CLOSE |
| 1 Dec 2023 | £372,039 | £365,000 | 38 THREE ELMS ROAD |
| 18 Apr 2023 | £171,273 | £170,000 | 18 OATFIELD CLOSE |
| 28 Mar 2023 | £427,310 | £425,000 | 39 KINGS ACRE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Feb 2020. Using an estimated price of £314,347 means this house is valued at £4,555 per sq meter (£423 per sq foot).
The average size of a house on THREE ELMS ROAD is 118 sq meters (1,279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cliveden Grove | |
| Apr 2024 | Public order | Under investigation | On or near Warncombe Link |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link | |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link | |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link |