£296,282
This estimated value is based upon the latest sale price for the house of £239,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £239,000 | 22 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for HEREFORDSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £239,000 results in an estimated price of approximately £296,282.
| 22 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £239,000 | £57,282 | £296,282 |
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 | 14.153 % | £33,825 | £272,825 |
| 3 Month Average | 4.609 % | £11,014 | £250,014 |
| 6 Month Average | 12.704 % | £30,362 | £269,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £294,525 | £290,000 | 40 PILLEY ROAD |
| 18 Oct 2023 | £235,345 | £230,000 | 12 UNDERHILL ROAD |
| 14 Sep 2023 | £243,876 | £238,500 | 17 UNDERHILL ROAD |
| 18 Aug 2023 | £343,190 | £337,000 | 97 LEDBURY ROAD |
| 5 Jun 2023 | £362,260 | £355,000 | 122 QUARRY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 May 2019. Using an estimated price of £296,282 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on LEDBURY ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Awaiting court outcome | On or near Ledbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ledbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ledbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Carless Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Backbury Road |