£254,366
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 1 Dec 2020 |
| £160,000 | 14 Dec 2012 |
| £150,000 | 11 May 2004 |
| £85,000 | 15 Feb 2001 |
| £45,000 | 11 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 776 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 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £220,000 results in an estimated price of approximately £254,366.
| 1 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £220,000 | £34,366 | £254,366 |
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 | 47.073 % | £103,561 | £323,561 |
| 3 Month Average | 4.797 % | £10,553 | £230,553 |
| 6 Month Average | -0.613 % | £-1,349 | £218,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £235,345 | £230,000 | 12 UNDERHILL ROAD |
| 14 Sep 2023 | £243,876 | £238,500 | 17 UNDERHILL ROAD |
| 18 Aug 2023 | £343,190 | £337,000 | 97 LEDBURY ROAD |
| 5 Jun 2023 | £362,260 | £355,000 | 122 QUARRY ROAD |
| 10 Jan 2023 | £285,764 | £285,000 | TOP FLOOR FLAT 135 QUARRY ROAD |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 19 Feb 2012. Using an estimated price of £254,366 means this house is valued at £3,526 per sq meter (£327 per sq foot).
The average size of a house on LEDBURY ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Awaiting court outcome | On or near Ledbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ledbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ledbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carless Close |
| Jun 2024 | Robbery | Under investigation | On or near Clifton Road |