£808,867
This estimated value is based upon the latest sale price for the house of £650,000 on 7 Feb 2019. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £650,000 | 7 Feb 2019 |
| 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 February 2019 the House Price Index for HEREFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £650,000 results in an estimated price of approximately £808,867.
| 7 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £650,000 | £158,867 | £808,867 |
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 | 132.693 % | £862,503 | £1,512,503 |
| 3 Month Average | 49.389 % | £321,029 | £971,029 |
| 6 Month Average | 35.722 % | £232,189 | £882,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £502,762 | £490,000 | 20 ST JAMES CLOSE |
| 23 Mar 2023 | £350,859 | £345,000 | 12 MALVERN PLACE |
| 21 Mar 2023 | £447,473 | £440,000 | 8 ST JAMES CLOSE |
| 17 Feb 2023 | £332,219 | £330,000 | 9 HOPTON CLOSE |
| 6 May 2022 | £277,222 | £270,000 | 3 HOPTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopton Close |
| Oct 2024 | Anti-social behaviour | On or near Malvern Place | |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Malvern Place |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barber Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilcroft Park |