£640,069
This estimated value is based upon the latest sale price for the house of £123,000 on 22 May 1997. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £123,000 | 22 May 1997 |
| £97,000 | 19 Dec 1995 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in May 1997 the House Price Index for HEREFORD AND WORCESTER was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £123,000 results in an estimated price of approximately £640,069.
| 22 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £123,000 | £517,069 | £640,069 |
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 | 248.000 % | £305,040 | £428,040 |
| 3 Month Average | 287.768 % | £353,954 | £476,954 |
| 6 Month Average | 337.212 % | £414,770 | £537,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 5 OLD COURT BANK |
| 10 Oct 2023 | £382,948 | £374,250 | 12 GRANGE PARK |
| 17 Aug 2023 | £491,362 | £482,500 | STONE EVES OLD ROSS ROAD |
| 26 Jun 2023 | £546,043 | £535,100 | ALDERNEY |
| 21 Jun 2023 | £477,060 | £467,500 | ROBINS BRAE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clock Tower Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clock Tower Close |
| Oct 2024 | Other theft | Under investigation | On or near Old Wharf Lane |
| Oct 2024 | Burglary | Under investigation | On or near Old Wharf Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4164 |