£210,776
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 13 Mar 2020 |
| £140,000 | 6 Jan 2017 |
| £113,000 | 12 Feb 2004 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2020 the House Price Index for HEREFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £175,000 results in an estimated price of approximately £210,776.
| 13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £175,000 | £35,776 | £210,776 |
The Postcode Pricing Model uses changes in average sales price within the HR2 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 | 291.928 % | £510,873 | £685,873 |
| 3 Month Average | 76.100 % | £133,174 | £308,174 |
| 6 Month Average | 59.572 % | £104,250 | £279,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £182,597 | £181,000 | 16 WITHYPOOL |
| 15 Mar 2023 | £159,452 | £157,950 | 4 BEAUFORT AVENUE |
| 24 Feb 2023 | £197,867 | £198,000 | 69 MERESTONE ROAD |
| 8 Aug 2022 | £286,728 | £287,500 | 1 BARDOLPH CLOSE |
| 13 Jul 2022 | £185,499 | £185,000 | 24 MARLBROOK ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Sep 2015. Using an estimated price of £210,776 means this house is valued at £2,218 per sq meter (£206 per sq foot).
There is one other house on the street which we know the size of, this is 7 ADRIAN CLOSE it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Merestone Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestone Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestone Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merestone Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merestone Road |