£686,874
This estimated value is based upon the latest sale price for the house of £640,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £640,000 | 30 Sep 2021 |
| £545,000 | 28 Jun 2017 |
| £175,000 | 6 Aug 2004 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 361 sq meters or 3,885 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 2021 the House Price Index for HEREFORDSHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £640,000 results in an estimated price of approximately £686,874.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £640,000 | £46,874 | £686,874 |
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 | -42.854 % | £-274,266 | £365,733 |
| 3 Month Average | -0.123 % | £-789 | £639,210 |
| 6 Month Average | -15.473 % | £-99,026 | £540,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £377,294 | £375,000 | 5 MORELAND AVENUE |
| 18 Aug 2023 | £447,723 | £445,000 | 7 ELM ROAD |
| 27 Jan 2023 | £500,603 | £505,000 | 26 AYLESTONE HILL |
| 4 Nov 2022 | £487,101 | £495,000 | 18 ELM ROAD |
| 3 Aug 2022 | £99,329 | £100,000 | FLAT 9 HILLSIDE, 20 AYLESTONE HILL |
This house has a floor area of 361 sq meters or 3,885 sq feet when measured on 27 Jan 2016. Using an estimated price of £686,875 means this house is valued at £1,902 per sq meter (£176 per sq foot).
The average size of a house on AYLESTONE HILL is 120 sq meters (1,301 sq feet).
This house is the largest in the street with a floor area of 361 sq meters (3,885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Elm Road |
| Jan 2024 | Drugs | Local resolution | On or near Elm Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aylestone Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Close |