£375,113
This estimated value is based upon the latest sale price for the house of £305,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £305,000 | 21 Sep 2018 |
| £288,000 | 28 Aug 2015 |
| £145,000 | 11 Oct 2002 |
| £89,000 | 10 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 September 2018 the House Price Index for HEREFORDSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £305,000 results in an estimated price of approximately £375,113.
| 21 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £305,000 | £70,113 | £375,113 |
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 | -14.020 % | £-42,760 | £262,239 |
| 3 Month Average | 14.131 % | £43,099 | £348,099 |
| 6 Month Average | 13.464 % | £41,064 | £346,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £344,422 | £340,000 | 289 LEDBURY ROAD |
| 16 Jun 2023 | £317,575 | £315,000 | 239A LEDBURY ROAD |
| 21 Apr 2023 | £287,134 | £285,000 | 26 PERRYSTONE LANE |
| 16 Aug 2022 | £377,450 | £380,000 | 366 LEDBURY ROAD |
| 25 Jul 2022 | £324,561 | £325,000 | 279 LEDBURY ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 2 Jun 2015. Using an estimated price of £375,113 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on LEDBURY ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Biddulph Rise |
| Mar 2024 | Anti-social behaviour | On or near Biddulph Rise | |
| Mar 2024 | Anti-social behaviour | On or near Biddulph Rise | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Biddulph Rise |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Biddulph Rise |