£245,143
This estimated value is based upon the latest sale price for the house of £83,500 on 3 May 2002. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £83,500 | 3 May 2002 |
| £59,950 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 May 2002 the House Price Index for HEREFORDSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £83,500 results in an estimated price of approximately £245,143.
| 3 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £83,500 | £161,643 | £245,143 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 223.659 % | £186,755 | £270,255 |
| 3 Month Average | 145.102 % | £121,160 | £204,660 |
| 6 Month Average | 156.267 % | £130,483 | £213,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £277,032 | £270,000 | 6 MASSEY ROAD |
| 12 Oct 2023 | £240,461 | £235,000 | 8 JOHN LEE ROAD |
| 28 Sep 2023 | £286,311 | £280,000 | 5 HOPTON CLOSE |
| 21 Sep 2023 | £613,525 | £600,000 | 2 JOHN LEE ROAD |
| 20 Dec 2021 | £404,740 | £375,000 | 6 HOPTON CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 6 Sep 2019. Using an estimated price of £245,143 means this house is valued at £4,226 per sq meter (£392 per sq foot).
The average size of a house on JOHN LEE ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Leadon Way | |
| Sep 2024 | Anti-social behaviour | On or near Leadon Way | |
| Sep 2024 | Anti-social behaviour | On or near Leadon Way | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Leadon Way |
| Jul 2024 | Anti-social behaviour | On or near Supermarket |