£583,949
This estimated value is based upon the latest sale price for the house of £127,000 on 11 Dec 1998. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£127,000 | 11 Dec 1998 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 December 1998 the House Price Index for HEREFORDSHIRE was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £127,000 results in an estimated price of approximately £583,949.
11 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 148.6 | 359.802 % | £127,000 | £456,949 | £583,949 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 452.515 % | £574,693 | £701,693 |
3 Month Average | 264.381 % | £335,764 | £462,764 |
6 Month Average | 288.170 % | £365,976 | £492,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £475,763 | £470,000 | 10 HIGH STREET |
5 Apr 2023 | £707,619 | £700,000 | THE STABLES 3 THE COACH HOUSE CHURCH STREET |
31 Mar 2023 | £504,755 | £500,000 | 2 HORSE LANE ORCHARD |
30 Mar 2023 | £363,424 | £360,000 | 11 HIGH STREET |
17 Nov 2022 | £518,717 | £525,000 | 6 LEDBURY PARK |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 May 2014. Using an estimated price of £583,949 means this house is valued at £5,260 per sq meter (£488 per sq foot).
The average size of a house on HORSE LANE ORCHARD is 139 sq meters (1,502 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Possession of weapons | Under investigation | On or near Horse Lane Orchard |
Feb 2024 | Drugs | Under investigation | On or near Cabbage Lane |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cabbage Lane |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cabbage Lane |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Church Road |