£703,319
This estimated value is based upon the latest sale price for the house of £600,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 25 Sep 2020 |
| £510,000 | 2 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 sq feet |
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 September 2020 the House Price Index for HEREFORDSHIRE was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £600,000 results in an estimated price of approximately £703,319.
| 25 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £600,000 | £103,319 | £703,319 |
The Postcode Pricing Model uses changes in average sales price within the HR8 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 | 20.256 % | £121,533 | £721,533 |
| 3 Month Average | -0.811 % | £-4,864 | £595,135 |
| 6 Month Average | 6.435 % | £38,611 | £638,611 |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 14 May 2013.
The average size of a house on KNAPP LANE is 145 sq meters (1,569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Masefield Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A438 |