£312,345
This estimated value is based upon the latest sale price for the house of £187,500 on 9 Aug 2013. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 9 Aug 2013 |
| £115,000 | 7 Jun 2002 |
| £78,000 | 20 Aug 1999 |
| £63,000 | 21 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2013 the House Price Index for HEREFORDSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £187,500 results in an estimated price of approximately £312,345.
| 9 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £187,500 | £124,845 | £312,345 |
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 | 22.896 % | £42,930 | £230,430 |
| 3 Month Average | 40.790 % | £76,481 | £263,981 |
| 6 Month Average | 46.535 % | £87,252 | £274,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £475,000 | £475,000 | 22 BREDON DRIVE |
| 8 Sep 2023 | £173,832 | £170,000 | 12 GRAMPIAN CLOSE |
| 15 Jun 2023 | £367,362 | £360,000 | 36 BREDON DRIVE |
| 12 Jan 2023 | £401,072 | £400,000 | 23 BREDON DRIVE |
| 29 Jul 2022 | £301,016 | £298,000 | 28 COTSWOLD DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 Dec 2018. Using an estimated price of £312,345 means this house is valued at £3,590 per sq meter (£333 per sq foot).
The average size of a house on COTSWOLD DRIVE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Grampian Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grampian Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grampian Close |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Grampian Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Malvern Close |