£239,637
This estimated value is based upon the latest sale price for the house of £197,500 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £197,500 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2020 the House Price Index for HEREFORDSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £197,500 results in an estimated price of approximately £239,637.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £197,500 | £42,137 | £239,637 |
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 | 21.989 % | £43,428 | £240,928 |
| 3 Month Average | 8.624 % | £17,031 | £214,531 |
| 6 Month Average | 2.399 % | £4,738 | £202,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £450,000 | £450,000 | 1 GORSTY LANE |
| 3 Nov 2023 | £392,462 | £382,500 | 5 SIDDONS ROAD |
| 3 Apr 2023 | £326,099 | £320,000 | 8 GOLDSMITH CLOSE |
| 27 Mar 2023 | £289,840 | £285,000 | 3 ALICE CLOSE |
| 10 Mar 2023 | £345,774 | £340,000 | 32 SIDDONS ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Oct 2019. Using an estimated price of £239,637 means this house is valued at £3,072 per sq meter (£285 per sq foot).
The average size of a house on GOLDSMITH CLOSE is 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyall Close |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lyall Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lighton Close |
| Jul 2024 | Anti-social behaviour | On or near Gorsty Lane | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Gorsty Lane |