£486,317
This estimated value is based upon the latest sale price for the house of £95,000 on 31 Jul 1997. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in July 1997 the House Price Index for HEREFORD AND WORCESTER was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £95,000 results in an estimated price of approximately £486,317.
| 31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £95,000 | £391,317 | £486,317 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | 287.684 % | £273,299 | £368,299 |
| 3 Month Average | 363.771 % | £345,582 | £440,582 |
| 6 Month Average | 387.153 % | £367,794 | £462,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £176,685 | £172,200 | FLAT 42 WILLIAM GRANGE FRIARS STREET |
| 29 Nov 2023 | £212,494 | £207,100 | FLAT 10 WILLIAM GRANGE FRIARS STREET |
| 12 Oct 2023 | £268,959 | £262,850 | FLAT 31 WILLIAM GRANGE FRIARS STREET |
| 8 Sep 2023 | £199,396 | £195,000 | FLAT 4 WILLIAM GRANGE FRIARS STREET |
| 18 Aug 2023 | £743,408 | £730,000 | 2 BARTON ROAD |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 4 Aug 2010. Using an estimated price of £486,317 means this house is valued at £4,137 per sq meter (£384 per sq foot).
The average size of a house on BARTON ROAD is 132 sq meters (1,430 sq feet).