£378,309
This estimated value is based upon the latest sale price for the house of £375,000 on 21 Aug 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 21 Aug 2023 |
| £255,000 | 4 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,017 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 2023 the House Price Index for HEREFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £375,000 results in an estimated price of approximately £378,309.
| 21 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £375,000 | £3,309 | £378,309 |
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 | -0.541 % | £-2,028 | £372,971 |
| 3 Month Average | 1.750 % | £6,563 | £381,563 |
| 6 Month Average | -5.044 % | £-18,914 | £356,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £390,786 | £385,000 | 6 MORELAND AVENUE |
| 21 Aug 2023 | £378,310 | £375,000 | 5 MORELAND AVENUE |
| 6 Jul 2023 | £349,707 | £345,000 | 38 AUDLEY CRESCENT |
| 23 Jun 2023 | £361,884 | £357,500 | 16 AUDLEY CRESCENT |
| 27 Jan 2023 | £502,632 | £505,000 | 26 AYLESTONE HILL |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 23 Jan 2009. Using an estimated price of £378,310 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on MORELAND AVENUE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Moreland Avenue |
| Dec 2023 | Drugs | Local resolution | On or near Moreland Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aylestone Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Elm Road |