£295,685
This estimated value is based upon the latest sale price for the house of £173,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £173,000 | 23 Mar 2012 |
| £175,300 | 8 Jul 2005 |
| £100,000 | 10 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,107 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 2012 the House Price Index for HEREFORDSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £173,000 results in an estimated price of approximately £295,685.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £173,000 | £122,685 | £295,685 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | 101.878 % | £176,249 | £349,249 |
| 3 Month Average | 35.560 % | £61,519 | £234,519 |
| 6 Month Average | 42.468 % | £73,469 | £246,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £395,051 | £390,000 | 35 GREYFRIARS AVENUE |
| 18 Aug 2023 | £736,443 | £730,000 | 2 BARTON ROAD |
| 30 Jan 2023 | £338,406 | £340,000 | 6 FRYERS GATE |
| 6 Jun 2022 | £273,870 | £270,000 | 17 GREYFRIARS AVENUE |
| 1 Apr 2022 | £185,781 | £180,405 | FLAT 42 WILLIAM GRANGE FRIARS STREET |
This house has a floor area of 102 sq meters or 1,107 sq feet when measured on 14 Jul 2010. Using an estimated price of £295,685 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on GREYFRIARS AVENUE is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Greyfriars Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Greyfriars Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Greyfriars Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Greyfriars Avenue |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Greyfriars Avenue |