£240,285
This estimated value is based upon the latest sale price for the house of £195,000 on 20 May 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 20 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2020 the House Price Index for HEREFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £195,000 results in an estimated price of approximately £240,285.
| 20 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £195,000 | £45,285 | £240,285 |
The Postcode Pricing Model uses changes in average sales price within the HR2 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 | 63.172 % | £123,186 | £318,186 |
| 3 Month Average | 24.409 % | £47,597 | £242,597 |
| 6 Month Average | 15.329 % | £29,892 | £224,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £170,000 | £170,000 | 58 ACONBURY AVENUE |
| 17 Apr 2024 | £245,129 | £243,000 | 3 MANOR ROAD |
| 5 Jun 2023 | £204,090 | £200,000 | 24 ACONBURY AVENUE |
| 28 Feb 2023 | £251,631 | £249,950 | 7 PUTSON AVENUE |
| 21 Oct 2022 | £299,001 | £300,000 | 16 ORCHARD GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Jan 2020. Using an estimated price of £240,286 means this house is valued at £2,860 per sq meter (£265 per sq foot).
The average size of a house on HOLME LACY ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Aconbury Avenue |