£266,873
This estimated value is based upon the latest sale price for the house of £216,000 on 13 Nov 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £216,000 | 13 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for HEREFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £216,000 results in an estimated price of approximately £266,873.
| 13 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £216,000 | £50,873 | £266,873 |
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 | 33.325 % | £71,981 | £287,981 |
| 3 Month Average | 27.928 % | £60,325 | £276,325 |
| 6 Month Average | 52.198 % | £112,747 | £328,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £325,000 | £325,000 | BEECH HOUSE FIRS LANE |
| 17 Nov 2023 | £300,118 | £292,500 | 26 FIRS ORCHARD |
| 26 Sep 2023 | £172,809 | £169,000 | 25 YORK ROAD |
| 26 Sep 2023 | £204,508 | £200,000 | 31 FIRS ORCHARD |
| 24 Mar 2023 | £175,938 | £173,000 | 42 BANNUT TREE ESTATE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Jul 2019. Using an estimated price of £266,873 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on OLD ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Old Road | |
| Jul 2024 | Anti-social behaviour | On or near Old Road | |
| Jul 2024 | Anti-social behaviour | On or near Old Road | |
| Jul 2024 | Anti-social behaviour | On or near Old Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bannut Tree |