£254,384
This estimated value is based upon the latest sale price for the house of £44,950 on 22 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 |
|---|---|
| £44,950 | 22 Dec 1995 |
| Semi-Detached |
| Freehold |
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 Apr 2024 is 148.0 which is a change of 465.929%.Applying this 465.929% change to the original purchase price of £44,950 results in an estimated price of approximately £254,384.
| 22 Dec 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.0 | 465.929 % | £44,950 | £209,434 | £254,384 |
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 | 459.752 % | £206,658 | £251,608 |
| 3 Month Average | 415.841 % | £186,920 | £231,870 |
| 6 Month Average | 383.272 % | £172,280 | £217,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £135,055 | £132,500 | 6 BALLARD HOUSE NEWTOWN ROAD |
| 11 Apr 2023 | £143,063 | £142,000 | 5 REGENT GARDENS |
| 27 Jan 2023 | £118,955 | £120,000 | 18 ADDISON COURT |
| 12 Jan 2023 | £198,259 | £200,000 | 1 REGENT GARDENS |
| 22 Apr 2022 | £129,231 | £126,000 | 1 BALLARD HOUSE NEWTOWN ROAD |