£238,042
This estimated value is based upon the latest sale price for the house of £232,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 1 Nov 2023 |
| £159,950 | 1 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2023 the House Price Index for HEREFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £232,000 results in an estimated price of approximately £238,042.
| 1 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £232,000 | £6,042 | £238,042 |
The Postcode Pricing Model uses changes in average sales price within the HR1 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 | 29.134 % | £67,590 | £299,590 |
| 3 Month Average | 5.861 % | £13,598 | £245,598 |
| 6 Month Average | -9.997 % | £-23,192 | £208,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £238,042 | £232,000 | 2 MERTON COURT CANAL ROAD |
| 28 Apr 2023 | £305,718 | £300,000 | 14 COMMERCIAL ROAD |
| 5 Apr 2023 | £122,287 | £120,000 | 16 COMMERCIAL ROAD |
| 4 Oct 2022 | £573,086 | £575,000 | THE MERTON HOTEL, 28 COMMERCIAL ROAD |
| 17 Jun 2022 | £86,857 | £85,000 | APARTMENT 5 43 CATHERINE STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Oct 2013. Using an estimated price of £238,042 means this house is valued at £2,587 per sq meter (£240 per sq foot).
The average size of a house on CANAL ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Canal Road | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Canal Road |
| Jun 2024 | Anti-social behaviour | On or near Canal Road | |
| Jun 2024 | Anti-social behaviour | On or near Canal Road | |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Canal Road |