£398,264
This estimated value is based upon the latest sale price for the house of £315,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 19 Jan 2018 |
| £265,000 | 12 Dec 2013 |
| 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 January 2018 the House Price Index for HEREFORDSHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £315,000 results in an estimated price of approximately £398,264.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £315,000 | £83,264 | £398,264 |
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 | 99.154 % | £312,334 | £627,334 |
| 3 Month Average | 17.255 % | £54,352 | £369,352 |
| 6 Month Average | 28.812 % | £90,756 | £405,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £317,759 | £315,000 | 5 RIDGEWAY CRESCENT |
| 27 Oct 2023 | £332,553 | £325,000 | HOPE COTTAGE |
| 27 Oct 2023 | £301,856 | £295,000 | 1 NORTON CLOSE |
| 10 Oct 2023 | £382,948 | £374,250 | 12 GRANGE PARK |
| 26 Jun 2023 | £546,043 | £535,100 | ALDERNEY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Clock Tower Close |
| Jul 2024 | Anti-social behaviour | On or near Clock Tower Close | |
| Jul 2024 | Anti-social behaviour | On or near Clock Tower Close | |
| Jul 2024 | Anti-social behaviour | On or near Clock Tower Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clock Tower Close |