£433,742
This estimated value is based upon the latest sale price for the house of £215,000 on 26 Aug 2004. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near Lower Thorn
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| Price Paid | Date |
|---|---|
| £215,000 | 26 Aug 2004 |
| £85,000 | 30 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 895 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 2004 the House Price Index for HEREFORDSHIRE was 51.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 101.741%.Applying this 101.741% change to the original purchase price of £215,000 results in an estimated price of approximately £433,742.
| 26 Aug 2004 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.7 | 104.3 | 101.741 % | £215,000 | £218,742 | £433,742 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | 102.287 % | £219,916 | £434,916 |
| 3 Month Average | 31.753 % | £68,268 | £283,268 |
| 6 Month Average | 74.707 % | £160,619 | £375,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £257,336 | £245,000 | RIGEL FIRS LANE |
| 26 Jan 2023 | £333,760 | £320,000 | 35 LOWER THORN |
| 4 Jan 2023 | £297,255 | £285,000 | 39 LOWER THORN |
| 16 Sep 2022 | £239,411 | £230,000 | 18 PEAR TREE CLOSE |
| 22 Aug 2022 | £261,797 | £250,000 | 4 ALBA HOUSE FIRS LANE |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 7 Nov 2008. Using an estimated price of £433,743 means this house is valued at £5,216 per sq meter (£484 per sq foot).
The average size of a house on OLD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2025 | Other theft | Under investigation | On or near Lower Thorn |
| Mar 2025 | Burglary | Under investigation | On or near Lower Thorn |
| Feb 2025 | Public order | Investigation complete; no suspect identified | On or near Hatton Park |
| Dec 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hatton Park |
| Dec 2024 | Anti-social behaviour | On or near Pear Tree Close |