£405,739
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Jul 2018. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £325,000 | 17 Jul 2018 |
| £130,000 | 26 Jan 2000 |
| £129,000 | 12 Dec 1997 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in July 2018 the House Price Index for HEREFORD AND WORCESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £325,000 results in an estimated price of approximately £405,739.
| 17 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £325,000 | £80,739 | £405,739 |
The Postcode Pricing Model uses changes in average sales price within the HR3 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 | -40.498 % | £-131,619 | £193,380 |
| 3 Month Average | 11.546 % | £37,525 | £362,525 |
| 6 Month Average | 36.205 % | £117,667 | £442,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2022 | £452,029 | £447,500 | 2 RAMBLERS WAY |
| 30 May 2022 | £446,636 | £435,000 | 2 THE PADDOCKS |
| 24 Mar 2022 | £464,550 | £445,000 | 4 THE PADDOCKS |
| 7 Jan 2022 | £243,846 | £230,000 | LYNWOOD |
| 10 Dec 2020 | £468,265 | £405,000 | YE OLDE CROSS COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bakers Lane |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Bakers Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Jul 2024 | Drugs | Local resolution | On or near Church Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Road |