£230,065
This estimated value is based upon the latest sale price for the house of £126,000 on 25 Nov 2005. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £126,000 | 25 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 518 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 2005 the House Price Index for HEREFORDSHIRE was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £126,000 results in an estimated price of approximately £230,065.
| 25 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £126,000 | £104,065 | £230,065 |
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 | 37.538 % | £47,297 | £173,297 |
| 3 Month Average | 57.534 % | £72,493 | £198,493 |
| 6 Month Average | 69.074 % | £87,033 | £213,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £136,701 | £132,500 | 6 BALLARD HOUSE NEWTOWN ROAD |
| 11 Apr 2023 | £144,707 | £142,000 | 5 REGENT GARDENS |
| 27 Jan 2023 | £120,321 | £120,000 | 18 ADDISON COURT |
| 12 Jan 2023 | £200,536 | £200,000 | 1 REGENT GARDENS |
| 1 Jul 2022 | £193,438 | £191,500 | 60 REGENT GARDENS |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 18 May 2011. Using an estimated price of £230,066 means this house is valued at £4,776 per sq meter (£443 per sq foot).
The average size of a house on NEWTOWN ROAD is 82 sq meters (890 sq feet).