£326,855
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 12 Nov 2021 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 November 2021 the House Price Index for HEREFORDSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £300,000 results in an estimated price of approximately £326,855.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £300,000 | £26,855 | £326,855 |
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 | 66.444 % | £199,332 | £499,332 |
| 3 Month Average | 22.117 % | £66,350 | £366,350 |
| 6 Month Average | 26.610 % | £79,830 | £379,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £256,000 | £256,000 | 18 WESTFIELD CLOSE |
| 24 Jul 2024 | £342,500 | £342,500 | 29 STONEHILL DRIVE |
| 15 Dec 2023 | £302,289 | £293,000 | 5 HIGHWELL AVENUE |
| 7 Dec 2023 | £330,145 | £320,000 | 26 STONEHILL DRIVE |
| 21 Nov 2023 | £477,111 | £465,000 | 22 HIGHWELL LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 10 Apr 2017. Using an estimated price of £326,856 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on STONEHILL DRIVE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highwell Avenue |
| Oct 2024 | Other theft | Under investigation | On or near New Road |
| Sep 2024 | Burglary | Under investigation | On or near New Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Little Hereford Street |