£392,992
This estimated value is based upon the latest sale price for the house of £228,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 16 Dec 2011 |
| £225,000 | 30 Jun 2004 |
| £100,000 | 2 Feb 2000 |
| Detached |
| Freehold |
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 December 2011 the House Price Index for HEREFORDSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £228,000 results in an estimated price of approximately £392,992.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £228,000 | £164,992 | £392,992 |
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 | 55.097 % | £125,620 | £353,620 |
| 3 Month Average | 39.325 % | £89,661 | £317,661 |
| 6 Month Average | 35.893 % | £81,835 | £309,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £226,986 | £225,000 | 22 FIELDWAY |
| 27 Jun 2023 | £430,211 | £425,000 | 15 THE CRAFT |
| 14 Apr 2022 | £231,705 | £225,000 | 28 FIELDWAY |
| 10 Dec 2021 | £358,911 | £335,000 | CROSS COTTAGE THE CRAFT |
| 18 Oct 2021 | £466,381 | £421,500 | THE WILLOWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near The Craft | |
| Dec 2023 | Anti-social behaviour | On or near The Craft | |
| Dec 2023 | Anti-social behaviour | On or near The Craft | |
| Dec 2023 | Anti-social behaviour | On or near The Craft | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodville Grove |