£224,848
This estimated value is based upon the latest sale price for the house of £225,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 2 Feb 2023 |
| Semi-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 February 2023 the House Price Index for HEREFORDSHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £225,000 results in an estimated price of approximately £224,848.
| 2 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £225,000 | £-151 | £224,848 |
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 | 40.568 % | £91,278 | £316,278 |
| 3 Month Average | 33.234 % | £74,775 | £299,775 |
| 6 Month Average | -4.050 % | £-9,112 | £215,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £151,943 | £150,000 | UNIT 3 WHARF INDUSTRIAL ESTATE |
| 9 Jun 2023 | £313,801 | £310,000 | THE DOCS |
| 2 Feb 2023 | £224,849 | £225,000 | 1 HOLMORE COTTAGES |
| 26 Aug 2022 | £1,944,765 | £1,950,000 | EARDISLEY PARK |
| 28 Apr 2022 | £282,680 | £274,500 | 5 CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Millstream Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millstream Gardens |
| Feb 2024 | Burglary | Under investigation | On or near Lady Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lady Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Canonford Avenue |