£360,326
This estimated value is based upon the latest sale price for the house of £290,000 on 2 Jul 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 2 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 July 2019 the House Price Index for HEREFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £290,000 results in an estimated price of approximately £360,326.
| 2 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £290,000 | £70,326 | £360,326 |
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 | 18.625 % | £54,012 | £344,012 |
| 3 Month Average | 36.275 % | £105,197 | £395,197 |
| 6 Month Average | 34.430 % | £99,847 | £389,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £386,888 | £375,000 | 45 OLDFIELDS CLOSE |
| 1 Dec 2023 | £304,352 | £295,000 | 34 OLDFIELDS CLOSE |
| 20 Jan 2023 | £225,603 | £225,000 | 54 THE MEADOWS |
| 19 Aug 2022 | £138,146 | £137,500 | 11 KENELM COURT |
| 13 Jun 2022 | £316,771 | £310,000 | 17 OLDFIELDS CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 16 Jan 2019. Using an estimated price of £360,326 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on OLDFIELDS CLOSE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oldfields Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oldfields Close |
| Oct 2024 | Other crime | Under investigation | On or near Cranes Lane |
| Aug 2024 | Anti-social behaviour | On or near Cranes Lane | |
| Aug 2024 | Anti-social behaviour | On or near Cranes Lane |