£327,554
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near New Road
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 February 2015 the House Price Index for HEREFORDSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £220,000 results in an estimated price of approximately £327,554.
| 20 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £220,000 | £107,554 | £327,554 |
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 | 32.556 % | £71,623 | £291,623 |
| 3 Month Average | 47.683 % | £104,902 | £324,902 |
| 6 Month Average | 42.810 % | £94,182 | £314,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £256,000 | £256,000 | 18 WESTFIELD CLOSE |
| 24 Jul 2024 | £342,500 | £342,500 | 29 STONEHILL DRIVE |
| 7 Dec 2023 | £330,145 | £320,000 | 26 STONEHILL DRIVE |
| 5 Dec 2023 | £270,306 | £262,000 | 84 OLD ROAD |
| 21 Nov 2023 | £477,111 | £465,000 | 22 HIGHWELL LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 5 Feb 2014. Using an estimated price of £327,554 means this house is valued at £2,663 per sq meter (£247 per sq foot).
The average size of a house on STONEHILL CLOSE is 118 sq meters (1,278 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near New Road |
| Sep 2024 | Burglary | Under investigation | On or near New Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheep Close |
| Sep 2024 | Anti-social behaviour | On or near Sheep Close | |
| Sep 2024 | Anti-social behaviour | On or near Sheep Close |