£340,408
This estimated value is based upon the latest sale price for the house of £342,000 on 22 Nov 2022. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £342,000 | 22 Nov 2022 |
| £287,000 | 12 Mar 2007 |
| £195,000 | 21 Oct 2002 |
| £60,000 | 7 Dec 2001 |
| £134,000 | 23 Apr 1999 |
| 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 November 2022 the House Price Index for HEREFORDSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £342,000 results in an estimated price of approximately £340,408.
| 22 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £342,000 | £-1,591 | £340,408 |
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 | -26.221 % | £-89,677 | £252,322 |
| 3 Month Average | -16.197 % | £-55,394 | £286,605 |
| 6 Month Average | 6.526 % | £22,318 | £364,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £134,121 | £130,000 | 16 NIGHTINGALE WAY |
| 13 Oct 2023 | £327,437 | £320,000 | 5 NIGHTINGALE WAY |
| 14 Sep 2023 | £168,719 | £165,000 | FLAT, 2 WYE WAY |
| 11 Aug 2023 | £177,196 | £174,000 | 4 ST JAMES TERRACE |
| 29 Mar 2023 | £61,019 | £60,000 | APARTMENT 1 VICTORY HOUSE, 3 NELSON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Nightingale Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Way |
| Jul 2024 | Drugs | Under investigation | On or near Nightingale Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Nightingale Way |
| Jul 2024 | Drugs | Under investigation | On or near Nightingale Way |