£241,127
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near New Road
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Aug 2022 |
| £160,000 | 29 Jan 2016 |
| £130,000 | 21 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2022 the House Price Index for HEREFORDSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £240,000 results in an estimated price of approximately £241,127.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £240,000 | £1,127 | £241,127 |
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 | 30.758 % | £73,819 | £313,819 |
| 3 Month Average | 22.794 % | £54,704 | £294,704 |
| 6 Month Average | 44.170 % | £106,007 | £346,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £270,306 | £262,000 | 84 OLD ROAD |
| 27 Oct 2023 | £144,277 | £141,000 | 48 OLD ROAD |
| 30 Aug 2023 | £221,495 | £217,500 | CHESTNUT COTTAGE, 22A OLD ROAD |
| 11 Aug 2023 | £437,898 | £430,000 | 51 NEW ROAD |
| 12 Aug 2022 | £241,128 | £240,000 | 17 NEW ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Dec 2015. Using an estimated price of £241,128 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on NEW ROAD is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near New Road |
| Sep 2024 | Burglary | Under investigation | On or near New Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hill View |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Ballhurst Road |