£725,337
This estimated value is based upon the latest sale price for the house of £551,000 on 26 Jan 2017. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £551,000 | 26 Jan 2017 |
| £109,500 | 14 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 January 2017 the House Price Index for HEREFORDSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £551,000 results in an estimated price of approximately £725,337.
| 26 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £551,000 | £174,337 | £725,337 |
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 | 35.668 % | £196,528 | £747,528 |
| 3 Month Average | 33.304 % | £183,505 | £734,505 |
| 6 Month Average | 27.871 % | £153,566 | £704,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £454,318 | £444,000 | 17 ADMIRALS CLOSE |
| 27 Jan 2023 | £268,718 | £268,000 | 31 LINGEN AVENUE |
| 13 Jan 2023 | £426,139 | £425,000 | 18 LINGEN AVENUE |
| 2 Sep 2022 | £283,311 | £283,500 | 19 GEOFFREY AVENUE |
| 17 Aug 2022 | £366,715 | £365,000 | 6 LINGEN AVENUE |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 18 Aug 2015. Using an estimated price of £725,338 means this house is valued at £3,487 per sq meter (£323 per sq foot).
The average size of a house on PENN GROVE ROAD is 161 sq meters (1,740 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lingen Avenue | |
| Oct 2024 | Drugs | Under investigation | On or near Queensway |
| Aug 2024 | Anti-social behaviour | On or near Bulmer Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Bulmer Avenue | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near College Road |