£363,471
This estimated value is based upon the latest sale price for the house of £362,500 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £362,500 | 31 Jan 2023 |
| £172,150 | 17 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2023 the House Price Index for HEREFORDSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £362,500 results in an estimated price of approximately £363,471.
| 31 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £362,500 | £971 | £363,471 |
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 | -28.548 % | £-103,485 | £259,014 |
| 3 Month Average | -29.183 % | £-105,788 | £256,711 |
| 6 Month Average | -28.147 % | £-102,032 | £260,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £672,122 | £660,000 | CHASE VIEW HOUSE MERRIVALE ROAD |
| 31 Jan 2023 | £363,471 | £362,500 | 4 MERRIVALE CRESCENT |
| 27 Jan 2023 | £205,549 | £205,000 | 1 THE BUTTERY MERRIVALE LANE |
| 5 Aug 2022 | £537,513 | £535,000 | SPUR VUE FERNBANK ROAD |
| 11 Mar 2022 | £548,065 | £525,000 | GARTH, 30 EASTFIELD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 26 Jul 2012. Using an estimated price of £363,471 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on MERRIVALE CRESCENT is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakeside Drive |
| Aug 2024 | Anti-social behaviour | On or near Walford Road | |
| Aug 2024 | Anti-social behaviour | On or near Walford Road | |
| Aug 2024 | Anti-social behaviour | On or near Walford Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Avenue |