£152,102
This estimated value is based upon the latest sale price for the house of £27,000 on 4 Apr 1996. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £27,000 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 582 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in April 1996 the House Price Index for HEREFORD AND WORCESTER was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.342%.Applying this 463.342% change to the original purchase price of £27,000 results in an estimated price of approximately £152,102.
| 4 Apr 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.342 % | £27,000 | £125,102 | £152,102 |
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 | 650.910 % | £175,745 | £202,745 |
| 3 Month Average | 396.097 % | £106,946 | £133,946 |
| 6 Month Average | 400.880 % | £108,237 | £135,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £119,447 | £118,000 | 4 JAMIESON COURT |
| 27 Jan 2023 | £289,636 | £291,000 | 29 WHITECROSS ROAD |
| 20 Jan 2023 | £120,433 | £121,000 | 4 POMONA PLACE |
| 31 Oct 2022 | £118,722 | £120,000 | 9 JAMIESON COURT |
| 9 Aug 2022 | £164,557 | £165,000 | 8 EDEN COURT |
This house has a floor area of 54 sq meters or 582 sq feet when measured on 23 Sep 2009. Using an estimated price of £152,102 means this house is valued at £2,809 per sq meter (£261 per sq foot).
The average size of a house on MELROSE PLACE is 95 sq meters (1,031 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Melrose Place | |
| Feb 2024 | Anti-social behaviour | On or near Melrose Place | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Place | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Place | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Place |