£492,689
This estimated value is based upon the latest sale price for the house of £481,500 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£481,500 | 6 Oct 2023 |
£292,000 | 5 Apr 2017 |
Detached |
Freehold |
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 October 2023 the House Price Index for HEREFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £481,500 results in an estimated price of approximately £492,689.
6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £481,500 | £11,189 | £492,689 |
The Postcode Pricing Model uses changes in average sales price within the HR2 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 | -41.760 % | £-201,074 | £280,425 |
3 Month Average | -8.775 % | £-42,253 | £439,246 |
6 Month Average | -1.368 % | £-6,586 | £474,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £492,690 | £481,500 | BRYNSIRIOL |
22 Sep 2023 | £366,581 | £358,500 | OLD MILL FARM |
14 Jul 2022 | £323,239 | £320,000 | BELVEDERE |
8 Jun 2022 | £720,399 | £705,000 | LOWER HOUSE |
11 Mar 2022 | £469,770 | £450,000 | GREENACRES |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Greyhound Close | |
Jul 2024 | Burglary | Unable to prosecute suspect | On or near Turnant Mountain Road |
Aug 2024 | Anti-social behaviour | On or near Cwmcoched | |
Aug 2024 | Anti-social behaviour | On or near Cwmcoched |