£258,515
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Nov 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 9 Nov 2021 |
| £118,500 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2021 the House Price Index for HEREFORDSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £240,000 results in an estimated price of approximately £258,515.
| 9 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £240,000 | £18,515 | £258,515 |
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 | 52.251 % | £125,401 | £365,401 |
| 3 Month Average | 12.339 % | £29,613 | £269,613 |
| 6 Month Average | 2.765 % | £6,636 | £246,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £206,254 | £205,000 | 49 MILLBROOK STREET |
| 4 Aug 2023 | £265,615 | £264,000 | 25 MORTIMER ROAD |
| 27 Jan 2023 | £118,955 | £120,000 | 18 ADDISON COURT |
| 12 Aug 2022 | £190,711 | £192,000 | 55 MILLBROOK STREET |
| 14 Feb 2022 | £143,613 | £137,500 | 41A NEWTOWN ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 28 Aug 2020. Using an estimated price of £258,515 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on NEWTOWN ROAD is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Newtown Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newtown Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newtown Road |
| Feb 2024 | Anti-social behaviour | On or near Newtown Road | |
| Feb 2024 | Anti-social behaviour | On or near Newtown Road |