£474,896
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£280,000 | 28 Sep 2012 |
£281,000 | 2 Apr 2007 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,320 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 September 2012 the House Price Index for HEREFORDSHIRE was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.606%.Applying this 69.606% change to the original purchase price of £280,000 results in an estimated price of approximately £474,896.
28 Sep 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.0 | 69.606 % | £280,000 | £194,896 | £474,896 |
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 | -8.182 % | £-22,908 | £257,091 |
3 Month Average | 39.643 % | £110,999 | £390,999 |
6 Month Average | 34.330 % | £96,124 | £376,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £693,908 | £685,000 | 36 HAFOD ROAD |
17 Jul 2023 | £214,025 | £212,000 | FLAT 4 2 HAFOD ROAD |
14 Jun 2023 | £322,616 | £320,000 | 43 BROOKSIDE |
3 Mar 2023 | £563,043 | £560,000 | 32 HAFOD ROAD |
6 May 2022 | £330,412 | £325,500 | 12 LICHFIELD AVENUE |
This house has a floor area of 122 sq meters or 1,320 sq feet when measured on 24 Jan 2012. Using an estimated price of £474,897 means this house is valued at £3,870 per sq meter (£359 per sq foot).
The average size of a house on LICHFIELD AVENUE is 123 sq meters (1,328 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |