£370,441
This estimated value is based upon the latest sale price for the house of £145,000 on 6 Dec 2002. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£145,000 | 6 Dec 2002 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 December 2002 the House Price Index for HEREFORDSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £145,000 results in an estimated price of approximately £370,441.
6 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £145,000 | £225,441 | £370,441 |
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 | 92.061 % | £133,489 | £278,489 |
3 Month Average | 86.853 % | £125,936 | £270,936 |
6 Month Average | 96.618 % | £140,095 | £285,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £215,469 | £210,000 | WATERPUMP COTTAGE PLOUGH MEWS THE HOMEND |
31 Mar 2023 | £223,736 | £220,000 | 3 BELLE ORCHARD |
31 Mar 2023 | £86,444 | £85,000 | FLAT 1 DAWES COURT, 223 THE HOMEND |
30 Mar 2023 | £4,787,100 | £4,707,155 | THE HOMEND GARAGE THE HOMEND |
1 Feb 2023 | £196,311 | £195,000 | 14 BELLE ORCHARD CLOSE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 15 Jan 2014. Using an estimated price of £370,442 means this house is valued at £1,949 per sq meter (£181 per sq foot).
The average size of a house on BELLE ORCHARD is 143 sq meters (1,543 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Belle Orchard Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belle Orchard Close |