£469,105
This estimated value is based upon the latest sale price for the house of £81,950 on 21 Dec 1995. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £81,950 | 21 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 1995 the House Price Index for HEREFORD AND WORCESTER was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £81,950 results in an estimated price of approximately £469,105.
| 21 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £81,950 | £387,155 | £469,105 |
The Postcode Pricing Model uses changes in average sales price within the HR6 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 | 333.022 % | £272,911 | £354,861 |
| 3 Month Average | 403.218 % | £330,437 | £412,387 |
| 6 Month Average | 387.874 % | £317,862 | £399,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £386,888 | £375,000 | 45 OLDFIELDS CLOSE |
| 1 Dec 2023 | £304,352 | £295,000 | 34 OLDFIELDS CLOSE |
| 19 Oct 2023 | £153,486 | £150,000 | 7 KENELM COURT |
| 20 Jan 2023 | £225,603 | £225,000 | 54 THE MEADOWS |
| 19 Aug 2022 | £138,146 | £137,500 | 11 KENELM COURT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 Feb 2014. Using an estimated price of £469,106 means this house is valued at £4,990 per sq meter (£463 per sq foot).
The average size of a house on OLDFIELDS CLOSE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oldfields Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oldfields Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kenwater Close |
| Oct 2024 | Other crime | Under investigation | On or near Cranes Lane |
| Aug 2024 | Anti-social behaviour | On or near Cranes Lane |