£369,553
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 28 Sep 2007 |
| £84,000 | 1 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2007 the House Price Index for HEREFORDSHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £235,000 results in an estimated price of approximately £369,553.
| 28 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £235,000 | £134,553 | £369,553 |
The Postcode Pricing Model uses changes in average sales price within the HR5 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 | 56.145 % | £131,940 | £366,940 |
| 3 Month Average | -23.504 % | £-55,234 | £179,765 |
| 6 Month Average | -6.328 % | £-14,871 | £220,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £204,508 | £200,000 | 12 ELIZABETH ROAD |
| 10 Mar 2023 | £345,774 | £340,000 | 24 ELIZABETH ROAD |
| 21 Nov 2022 | £186,677 | £187,550 | 1 TAN HOUSE MEADOWS |
| 21 Apr 2022 | £237,051 | £228,500 | 10 ELIZABETH ROAD |
| 13 Apr 2022 | £300,852 | £290,000 | 10 GRAVEL HILL DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Dec 2016. Using an estimated price of £369,554 means this house is valued at £4,562 per sq meter (£423 per sq foot).
The average size of a house on THE MEADS is 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gravel Hill |
| Jul 2024 | Anti-social behaviour | On or near Gravel Hill Drive |