£514,141
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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Price Paid | Date |
---|---|
£280,000 | 30 Jul 2009 |
£102,000 | 16 Dec 1996 |
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 2009 the House Price Index for HEREFORD AND WORCESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £280,000 results in an estimated price of approximately £514,141.
30 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £280,000 | £234,141 | £514,141 |
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 | 129.759 % | £363,324 | £643,324 |
3 Month Average | 57.232 % | £160,249 | £440,249 |
6 Month Average | 59.579 % | £166,821 | £446,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £350,779 | £340,000 | 7 THE PIPPINS |
31 Aug 2023 | £320,786 | £315,000 | OAKWOOD WILTON LANE |
29 Jun 2023 | £741,357 | £726,500 | VALLEY VIEW |
20 Feb 2023 | £449,503 | £446,500 | 9 FISHERMANS REACH |
9 Feb 2023 | £558,732 | £555,000 | OVERLEA |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bannut Tree Gardens |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Pippins |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near The Pippins |