£312,171
This estimated value is based upon the latest sale price for the house of £235,000 on 21 Sep 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 21 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 September 2016 the House Price Index for HEREFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £235,000 results in an estimated price of approximately £312,171.
| 21 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £235,000 | £77,171 | £312,171 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | -40.852 % | £-96,001 | £138,998 |
| 3 Month Average | 31.433 % | £73,867 | £308,867 |
| 6 Month Average | 41.398 % | £97,285 | £332,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £266,666 | £262,000 | 84 OLD ROAD |
| 1 Dec 2023 | £208,651 | £205,000 | 5 CLOVER TERRACE |
| 24 Nov 2023 | £192,855 | £190,000 | 3 CLOVER TERRACE |
| 11 Aug 2023 | £433,795 | £430,000 | 51 NEW ROAD |
| 13 Jul 2023 | £182,405 | £179,950 | 37 OLD ROAD |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 29 Oct 2013. Using an estimated price of £312,172 means this house is valued at £1,465 per sq meter (£136 per sq foot).
The average size of a house on NEW ROAD is 163 sq meters (1,762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A44 |
| Apr 2024 | Anti-social behaviour | On or near A44 | |
| Apr 2024 | Public order | Under investigation | On or near New Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |