£297,871
This estimated value is based upon the latest sale price for the house of £173,000 on 25 Oct 2011. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,000 | 25 Oct 2011 |
| £173,000 | 12 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 968 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 October 2011 the House Price Index for HEREFORDSHIRE was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.180%.Applying this 72.180% change to the original purchase price of £173,000 results in an estimated price of approximately £297,871.
| 25 Oct 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.180 % | £173,000 | £124,871 | £297,871 |
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 | 56.524 % | £97,787 | £270,787 |
| 3 Month Average | 49.465 % | £85,573 | £258,573 |
| 6 Month Average | 52.966 % | £91,631 | £264,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £206,254 | £205,000 | 49 MILLBROOK STREET |
| 4 Aug 2023 | £265,615 | £264,000 | 25 MORTIMER ROAD |
| 15 Feb 2023 | £221,950 | £223,000 | 25 HOLMER ROAD |
| 23 Sep 2022 | £182,777 | £185,000 | 4 PERSEVERANCE ROAD |
| 24 Jun 2022 | £202,048 | £200,000 | 15 MORTIMER ROAD |
This house has a floor area of 89 sq meters or 968 sq feet when measured on 22 Jul 2011. Using an estimated price of £297,872 means this house is valued at £3,310 per sq meter (£307 per sq foot).
The average size of a house on MORTIMER ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Anti-social behaviour | On or near Shopping Area | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mortimer Trading Centre |