£488,816
This estimated value is based upon the latest sale price for the house of £480,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 18 Aug 2023 |
| £338,000 | 5 May 2017 |
| £165,000 | 11 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2023 the House Price Index for HEREFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £480,000 results in an estimated price of approximately £488,816.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £480,000 | £8,816 | £488,816 |
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 | -4.488 % | £-21,542 | £458,457 |
| 3 Month Average | -6.333 % | £-30,396 | £449,603 |
| 6 Month Average | -9.587 % | £-46,019 | £433,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £356,969 | £346,000 | 10 RUSSELL CLOSE |
| 6 Oct 2023 | £378,599 | £370,000 | 23 BURWOOD CLOSE |
| 1 Sep 2023 | £342,551 | £335,000 | 3 COURTNAY RISE |
| 18 Aug 2023 | £488,816 | £480,000 | 19 BURWOOD CLOSE |
| 30 Jun 2023 | £244,908 | £240,000 | 4 OVERBURY COURT |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 29 Jun 2012. Using an estimated price of £488,816 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on BURWOOD CLOSE is 135 sq meters (1,457 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Venn'S Lane |
| Jun 2024 | Anti-social behaviour | On or near Courtnay Rise | |
| Jun 2024 | Anti-social behaviour | On or near Courtnay Rise | |
| Apr 2024 | Anti-social behaviour | On or near Courtnay Rise | |
| Apr 2024 | Anti-social behaviour | On or near Courtnay Rise |