£381,252
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 28 Oct 2020 |
| £93,000 | 28 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in October 2020 the House Price Index for HEREFORD AND WORCESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £325,000 results in an estimated price of approximately £381,252.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £325,000 | £56,252 | £381,252 |
The Postcode Pricing Model uses changes in average sales price within the HR1 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 | 9.809 % | £31,879 | £356,879 |
| 3 Month Average | 1.091 % | £3,545 | £328,545 |
| 6 Month Average | 4.401 % | £14,303 | £339,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £242,943 | £240,000 | 4 OVERBURY COURT |
| 29 Jun 2023 | £354,292 | £350,000 | 31 LODER DRIVE |
| 27 Apr 2023 | £166,796 | £165,000 | 5 BEECHWOOD COURT |
| 27 Apr 2023 | £156,687 | £155,000 | 1 BEECHWOOD COURT |
| 21 Apr 2023 | £269,569 | £266,666 | 26 OVERBURY ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Jul 2020. Using an estimated price of £381,252 means this house is valued at £3,851 per sq meter (£357 per sq foot).
The average size of a house on OVERBURY ROAD is 167 sq meters (1,800 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hospital |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Mar 2024 | Anti-social behaviour | On or near Hospital | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |