£175,086
This estimated value is based upon the latest sale price for the house of £45,950 on 11 May 2000. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £45,950 | 11 May 2000 |
| £34,500 | 10 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 May 2000 the House Price Index for HEREFORD AND WORCESTER was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £45,950 results in an estimated price of approximately £175,086.
| 11 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £45,950 | £129,136 | £175,086 |
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 | 214.935 % | £98,762 | £144,712 |
| 3 Month Average | 244.689 % | £112,434 | £158,384 |
| 6 Month Average | 250.200 % | £114,967 | £160,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £262,000 | £262,000 | 89 KINGSWAY |
| 12 Dec 2023 | £121,225 | £117,500 | 38 KINGSWAY |
| 1 Dec 2023 | £136,701 | £132,500 | 6 BALLARD HOUSE NEWTOWN ROAD |
| 2 Oct 2023 | £112,556 | £110,000 | 54 KINGSWAY |
| 30 Aug 2023 | £96,745 | £95,000 | 16 KINGSWAY |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 31 Mar 2021. Using an estimated price of £175,086 means this house is valued at £3,890 per sq meter (£361 per sq foot).
The average size of a house on REGENT GARDENS is 55 sq meters (593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Regent Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Gardens |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Regent Gardens |
| Jul 2024 | Anti-social behaviour | On or near Regent Gardens |