£271,308
This estimated value is based upon the latest sale price for the house of £218,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 29 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2019 the House Price Index for HEREFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £218,000 results in an estimated price of approximately £271,308.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £218,000 | £53,308 | £271,308 |
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 | 23.061 % | £50,273 | £268,273 |
| 3 Month Average | 39.298 % | £85,668 | £303,668 |
| 6 Month Average | 20.411 % | £44,496 | £262,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £353,066 | £350,000 | 16 NIMROD DRIVE |
| 17 Nov 2023 | £289,345 | £282,000 | 3 NEVINSON PLACE |
| 3 Nov 2023 | £333,978 | £325,500 | 20 LYALL CLOSE |
| 3 Nov 2023 | £392,462 | £382,500 | 5 SIDDONS ROAD |
| 18 Oct 2023 | £312,088 | £305,000 | 17 LYALL CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Nov 2018. Using an estimated price of £271,308 means this house is valued at £3,666 per sq meter (£340 per sq foot).
The average size of a house on ALICE CLOSE is 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lyall Close |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lyall Close |
| Jul 2024 | Anti-social behaviour | On or near Gorsty Lane | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Gorsty Lane |
| May 2024 | Public order | Unable to prosecute suspect | On or near Gorsty Lane |