£294,487
This estimated value is based upon the latest sale price for the house of £278,750 on 17 Feb 2022. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £278,750 | 17 Feb 2022 |
| Semi-Detached |
| 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 February 2022 the House Price Index for HEREFORDSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £278,750 results in an estimated price of approximately £294,487.
| 17 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £278,750 | £15,737 | £294,487 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | 24.053 % | £67,048 | £345,798 |
| 3 Month Average | -19.341 % | £-53,913 | £224,836 |
| 6 Month Average | -5.719 % | £-15,942 | £262,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £317,759 | £315,000 | 5 RIDGEWAY CRESCENT |
| 27 Oct 2023 | £301,856 | £295,000 | 1 NORTON CLOSE |
| 10 Oct 2023 | £382,948 | £374,250 | 12 GRANGE PARK |
| 17 Aug 2023 | £491,362 | £482,500 | STONE EVES OLD ROSS ROAD |
| 28 Jun 2023 | £219,397 | £215,000 | UNIT 1 STONEY HILL INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ridgeway Crescent |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Clock Tower Close |
| Jul 2024 | Anti-social behaviour | On or near Clock Tower Close | |
| Jul 2024 | Anti-social behaviour | On or near Clock Tower Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clock Tower Close |