£352,078
This estimated value is based upon the latest sale price for the house of £232,500 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,500 | 29 Aug 2014 |
| £225,000 | 29 Oct 2008 |
| £187,500 | 27 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2014 the House Price Index for HEREFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £232,500 results in an estimated price of approximately £352,078.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £232,500 | £119,578 | £352,078 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | -7.650 % | £-17,787 | £214,712 |
| 3 Month Average | 15.127 % | £35,171 | £267,671 |
| 6 Month Average | 25.906 % | £60,231 | £292,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £242,118 | £240,000 | 1 CHAPEL ROAD |
| 21 Jun 2023 | £473,232 | £467,500 | THE FOX RUN CHAPEL ROAD |
| 10 Mar 2023 | £91,865 | £91,000 | FLAT 4 PARK LODGE WALFORD ROAD |
| 27 Jan 2023 | £220,959 | £222,000 | 10 CHAPEL ROAD |
| 27 Jun 2022 | £128,694 | £126,875 | APARTMENT 5 NOAHS ARK CHAPEL ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Apr 2014. Using an estimated price of £352,079 means this house is valued at £4,400 per sq meter (£408 per sq foot).
The average size of a house on VECTIS CLOSE is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chapel Road |
| Jan 2024 | Drugs | Local resolution | On or near Chapel Road |
| Jan 2024 | Drugs | Under investigation | On or near Chapel Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Apr 2024 | Burglary | Under investigation | On or near Goodrich Close |