£286,265
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near New Road
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 June 2019 the House Price Index for HEREFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £230,000 results in an estimated price of approximately £286,265.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £230,000 | £56,265 | £286,265 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | 135.602 % | £311,885 | £541,885 |
| 3 Month Average | 98.585 % | £226,745 | £456,745 |
| 6 Month Average | 48.800 % | £112,240 | £342,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £130,000 | £130,000 | 41 HIGH STREET |
| 5 Dec 2023 | £270,306 | £262,000 | 84 OLD ROAD |
| 27 Oct 2023 | £144,277 | £141,000 | 48 OLD ROAD |
| 30 Aug 2023 | £221,495 | £217,500 | CHESTNUT COTTAGE, 22A OLD ROAD |
| 15 Aug 2023 | £193,490 | £190,000 | 10 OLD DITCH CLOSE |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 7 Dec 2016. Using an estimated price of £286,265 means this house is valued at £1,295 per sq meter (£120 per sq foot).
The average size of a house on NEW ROAD is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near New Road |
| Sep 2024 | Burglary | Under investigation | On or near New Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheep Close |
| Sep 2024 | Anti-social behaviour | On or near Sheep Close | |
| Sep 2024 | Anti-social behaviour | On or near Sheep Close |