£215,212
This estimated value is based upon the latest sale price for the house of £140,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 11 Apr 2014 |
| £100,000 | 22 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 April 2014 the House Price Index for HEREFORDSHIRE was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £140,000 results in an estimated price of approximately £215,212.
| 11 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £140,000 | £75,212 | £215,212 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 84.630 % | £118,482 | £258,482 |
| 3 Month Average | 48.076 % | £67,306 | £207,306 |
| 6 Month Average | 44.066 % | £61,692 | £201,692 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Jun 2013.
The average size of a house on LOWER ROAD is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Road |
| Dec 2023 | Anti-social behaviour | On or near Albert Road | |
| Dec 2023 | Anti-social behaviour | On or near Albert Road | |
| Dec 2023 | Anti-social behaviour | On or near Albert Road | |
| Dec 2023 | Anti-social behaviour | On or near Albert Road |