£93,437
This estimated value is based upon the latest sale price for the house of £75,000 on 2 Apr 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 2 Apr 2019 |
| £63,000 | 26 Feb 2018 |
| 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 April 2019 the House Price Index for HEREFORDSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £75,000 results in an estimated price of approximately £93,437.
| 2 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £75,000 | £18,437 | £93,437 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | -8.740 % | £-6,554 | £68,445 |
| 3 Month Average | 10.917 % | £8,187 | £83,187 |
| 6 Month Average | 26.017 % | £19,513 | £94,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £144,000 | £144,000 | 11B COPSE CROSS STREET |
| 31 May 2024 | £116,000 | £116,000 | FLAT 8 ROSSWYN HOUSE HIGH STREET |
| 12 Sep 2023 | £270,973 | £265,000 | 14 COPSE CROSS STREET |
| 5 Apr 2023 | £124,835 | £122,500 | FLAT 10 ROSSWYN HOUSE HIGH STREET |
| 31 Mar 2023 | £275,603 | £271,000 | 10 CHURCH STREET |