£603,145
This estimated value is based upon the latest sale price for the house of £480,000 on 11 May 2018. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 11 May 2018 |
| £430,000 | 22 Sep 2008 |
| £225,000 | 24 Apr 2003 |
| 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 May 2018 the House Price Index for HEREFORDSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £480,000 results in an estimated price of approximately £603,145.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £480,000 | £123,145 | £603,145 |
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 | 137.167 % | £658,403 | £1,138,403 |
| 3 Month Average | 10.954 % | £52,577 | £532,577 |
| 6 Month Average | 11.989 % | £57,546 | £537,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £685,000 | £685,000 | BURTON HOUSE |
| 25 Mar 2024 | £607,534 | £598,200 | THE BRIARS |
| 29 Sep 2023 | £316,988 | £310,000 | SKYLINE |
| 23 Jun 2023 | £739,826 | £725,000 | 2 CHERRY TREE CLOSE |
| 8 Feb 2023 | £251,681 | £250,000 | MOORCROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Tree Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Fording Lane |
| Jul 2024 | Other theft | Under investigation | On or near Fording Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church View |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church View |