£184,429
This estimated value is based upon the latest sale price for the house of £152,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £152,000 | 6 Mar 2020 |
| £30,000 | 3 Jun 1998 |
| Freehold |
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 March 2020 the House Price Index for HEREFORDSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £152,000 results in an estimated price of approximately £184,429.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £152,000 | £32,429 | £184,429 |
The Postcode Pricing Model uses changes in average sales price within the HR6 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 | -29.022 % | £-44,113 | £107,886 |
| 3 Month Average | 30.126 % | £45,792 | £197,792 |
| 6 Month Average | 20.272 % | £30,813 | £182,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £120,000 | £120,000 | 225 RIDGEMOOR ROAD |
| 24 Nov 2023 | £100,039 | £97,500 | 140 RIDGEMOOR ROAD |
| 8 Sep 2023 | £222,914 | £218,000 | 178 RIDGEMOOR ROAD |
| 6 Mar 2023 | £150,005 | £147,500 | 241 THE MALLARDS |
| 24 Aug 2022 | £210,987 | £210,000 | 91 BRIDGE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Unable to prosecute suspect | On or near Merwald Close |
| Oct 2024 | Anti-social behaviour | On or near Merwald Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merwald Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merwald Close |