£517,950
This estimated value is based upon the latest sale price for the house of £395,000 on 7 Dec 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 7 Dec 2016 |
| 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 December 2016 the House Price Index for HEREFORDSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £395,000 results in an estimated price of approximately £517,950.
| 7 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £395,000 | £122,950 | £517,950 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | -15.192 % | £-60,010 | £334,989 |
| 3 Month Average | 3.124 % | £12,339 | £407,339 |
| 6 Month Average | 16.430 % | £64,898 | £459,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £665,825 | £660,000 | CHASE VIEW HOUSE MERRIVALE ROAD |
| 31 Jan 2023 | £360,800 | £362,500 | 4 MERRIVALE CRESCENT |
| 19 Aug 2022 | £668,201 | £670,000 | PENRICE WALFORD ROAD |
| 5 Aug 2022 | £533,564 | £535,000 | SPUR VUE FERNBANK ROAD |
| 11 Mar 2022 | £544,038 | £525,000 | GARTH, 30 EASTFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chapel Road |
| Jan 2024 | Drugs | Under investigation | On or near Chapel Road |
| Jan 2024 | Drugs | Local resolution | On or near Chapel Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Road |
| Feb 2024 | Anti-social behaviour | On or near Palmerston Road |