£224,242
This estimated value is based upon the latest sale price for the house of £140,000 on 27 May 2008. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 May 2008 |
| Terraced |
| Freehold |
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 2008 the House Price Index for HEREFORDSHIRE was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £140,000 results in an estimated price of approximately £224,242.
| 27 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £140,000 | £84,242 | £224,242 |
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 | 38.340 % | £53,675 | £193,675 |
| 3 Month Average | 59.707 % | £83,590 | £223,590 |
| 6 Month Average | 53.970 % | £75,558 | £215,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £300,000 | £300,000 | 4 MARKET SQUARE |
| 27 Oct 2023 | £230,229 | £225,000 | 1 MARKET SQUARE |
| 9 Aug 2023 | £183,306 | £180,000 | 13 BROAD STREET |
| 13 Apr 2023 | £114,644 | £112,500 | APARTMENT 2 ROSEDALE COURT SHERFORD STREET |
| 22 Jul 2022 | £292,935 | £290,000 | 38 CHURCH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Twyning Street |
| Oct 2024 | Other crime | Under investigation | On or near Twyning Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near B4203 |