£341,949
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 28 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2021 the House Price Index for HEREFORDSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £320,000 results in an estimated price of approximately £341,949.
| 28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £320,000 | £21,949 | £341,949 |
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 | 14.092 % | £45,092 | £365,092 |
| 3 Month Average | -11.789 % | £-37,725 | £282,274 |
| 6 Month Average | -10.173 % | £-32,552 | £287,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £332,344 | £326,056 | 49 ALBERT ROAD |
| 14 Jul 2023 | £212,005 | £210,000 | 44 ALBERT ROAD |
| 31 Mar 2023 | £387,092 | £385,000 | 31 ALBERT ROAD |
| 24 Mar 2023 | £279,008 | £277,500 | 40 ALBERT ROAD |
| 23 Jan 2023 | £297,388 | £300,000 | 2 LOWER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Mar 2021. Using an estimated price of £341,949 means this house is valued at £4,022 per sq meter (£373 per sq foot).
The average size of a house on LITTLE MARCLE ROAD is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Feb 2024 | Anti-social behaviour | On or near Harlequin Close | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Little Marcle Road |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Little Marcle Road |