£662,527
This estimated value is based upon the latest sale price for the house of £620,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £620,000 | 25 Jun 2021 |
| £183,000 | 31 Aug 2001 |
| 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 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 £620,000 results in an estimated price of approximately £662,527.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £620,000 | £42,527 | £662,527 |
The Postcode Pricing Model uses changes in average sales price within the HR5 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 | 43.060 % | £266,970 | £886,970 |
| 3 Month Average | 10.202 % | £63,249 | £683,249 |
| 6 Month Average | 13.217 % | £81,946 | £701,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2022 | £400,000 | £390,000 | FAIR VIEW |
| 1 Apr 2022 | £261,538 | £255,000 | WHITNEY SAWMILL OLD STATION YARD |
| 30 Sep 2021 | £321,972 | £300,000 | SALT BOX |
| 1 Sep 2021 | £989,444 | £921,921 | WELSHWOOD FARM |
| 23 Jul 2021 | £503,635 | £440,000 | MILTON COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gwern Y Bwch | |
| Jan 2024 | Burglary | Under investigation | On or near Mahollam Road |