£560,393
This estimated value is based upon the latest sale price for the house of £410,000 on 12 Jan 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £410,000 | 12 Jan 2016 |
| £350,000 | 9 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for HEREFORDSHIRE was 108.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 36.681%.Applying this 36.681% change to the original purchase price of £410,000 results in an estimated price of approximately £560,393.
| 12 Jan 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.0 | 36.681 % | £410,000 | £150,393 | £560,393 |
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 | 72.201 % | £296,022 | £706,022 |
| 3 Month Average | 31.405 % | £128,759 | £538,759 |
| 6 Month Average | 33.773 % | £138,470 | £548,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £482,937 | £480,000 | FINLAGGAN HOMEND CRESCENT |
| 17 Aug 2023 | £316,927 | £315,000 | 18 UPPERHALL CLOSE |
| 29 Mar 2023 | £604,266 | £601,000 | 29 BANK CRESCENT |
| 28 Feb 2023 | £296,597 | £298,000 | 2 UPPERHALL CLOSE |
| 25 Aug 2022 | £620,805 | £625,000 | 54 BANK CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Oct 2015. Using an estimated price of £560,394 means this house is valued at £6,671 per sq meter (£619 per sq foot).
The average size of a house on BANK CRESCENT is 141 sq meters (1,522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Upper Hall Close | |
| Feb 2024 | Anti-social behaviour | On or near Upper Hall Close | |
| Feb 2024 | Anti-social behaviour | On or near Upper Hall Close | |
| Feb 2024 | Anti-social behaviour | On or near Upper Hall Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |