£340,659
This estimated value is based upon the latest sale price for the house of £220,000 on 16 Jun 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 16 Jun 2014 |
| £87,000 | 14 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2014 the House Price Index for HEREFORDSHIRE was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £220,000 results in an estimated price of approximately £340,659.
| 16 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £220,000 | £120,659 | £340,659 |
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 | 54.476 % | £119,847 | £339,847 |
| 3 Month Average | 57.705 % | £126,950 | £346,950 |
| 6 Month Average | 71.055 % | £156,320 | £376,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £410,000 | £410,000 | 29 LOWER THORN |
| 15 May 2024 | £325,000 | £325,000 | BEECH HOUSE FIRS LANE |
| 26 Jan 2023 | £320,857 | £320,000 | 35 LOWER THORN |
| 4 Jan 2023 | £285,764 | £285,000 | 39 LOWER THORN |
| 16 Sep 2022 | £229,846 | £230,000 | 18 PEAR TREE CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 Apr 2014. Using an estimated price of £340,660 means this house is valued at £4,312 per sq meter (£400 per sq foot).
The average size of a house on OLD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westhill Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Thorn |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near West Hill |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatton Park |