£311,506
This estimated value is based upon the latest sale price for the house of £200,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 2 May 2014 |
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 May 2014 the House Price Index for HEREFORDSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £200,000 results in an estimated price of approximately £311,506.
2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £200,000 | £111,506 | £311,506 |
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 | 83.719 % | £167,437 | £367,437 |
3 Month Average | 59.439 % | £118,878 | £318,878 |
6 Month Average | 51.867 % | £103,733 | £303,733 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £143,646 | £140,000 | 8 BACKBURY VIEW |
24 Aug 2023 | £546,863 | £537,000 | PYE COTTAGE |
18 Aug 2023 | £280,051 | £275,000 | 41 SUFTON RISE |
29 Jun 2023 | £362,260 | £355,000 | BANK HOUSE WINDMILL MEADOW DORMINGTON ROAD |
25 Nov 2022 | £9,953 | £10,000 | BACKBURY HOUSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Clay Hill Pit | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Hill Pit |
Oct 2024 | Vehicle crime | Under investigation | On or near Sufton Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shepherds Orchard |
Jul 2024 | Anti-social behaviour | On or near Shepherds Orchard |