£223,141
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Aug 2019. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 27 Aug 2019 |
| £97,000 | 20 Sep 2002 |
| £50,000 | 14 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
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 August 2019 the House Price Index for HEREFORD AND WORCESTER was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £180,000 results in an estimated price of approximately £223,141.
| 27 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £180,000 | £43,141 | £223,141 |
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 | 3.542 % | £6,376 | £186,376 |
| 3 Month Average | 26.549 % | £47,787 | £227,787 |
| 6 Month Average | 19.393 % | £34,908 | £214,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £284,369 | £280,000 | 76 KEMPTON AVENUE |
| 1 Mar 2024 | £228,511 | £225,000 | 74 KEMPTON AVENUE |
| 11 Aug 2023 | £98,782 | £97,000 | 4 FAKENHAM DRIVE |
| 16 Jun 2023 | £255,112 | £250,000 | 80 KEMPTON AVENUE |
| 27 Jan 2023 | £278,243 | £277,500 | 15 LYDE STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Apr 2012. Using an estimated price of £223,141 means this house is valued at £3,056 per sq meter (£283 per sq foot).
The average size of a house on FAKENHAM DRIVE is 47 sq meters (514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Fakenham Drive |
| Jul 2024 | Vehicle crime | Under investigation | On or near Fakenham Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyde Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lyde Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lyde Street |