£191,173
This estimated value is based upon the latest sale price for the house of £155,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £155,000 | 10 Jul 2019 |
| £55,000 | 1 Dec 2000 |
| £30,000 | 19 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 834 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 July 2019 the House Price Index for HEREFORD AND WORCESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £155,000 results in an estimated price of approximately £191,173.
| 10 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £155,000 | £36,173 | £191,173 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | 55.533 % | £86,075 | £241,075 |
| 3 Month Average | 7.565 % | £11,726 | £166,726 |
| 6 Month Average | 9.455 % | £14,655 | £169,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £134,860 | £132,500 | 6 BALLARD HOUSE NEWTOWN ROAD |
| 11 Apr 2023 | £143,546 | £142,000 | 5 REGENT GARDENS |
| 27 Jan 2023 | £119,437 | £120,000 | 18 ADDISON COURT |
| 22 Apr 2022 | £129,755 | £126,000 | 1 BALLARD HOUSE NEWTOWN ROAD |
| 14 Apr 2022 | £231,705 | £225,000 | 16 NEWTOWN ROAD |
This house has a floor area of 77 sq meters or 834 sq feet when measured on 17 Aug 2010. Using an estimated price of £191,173 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on NEWTOWN ROAD is 82 sq meters (890 sq feet).