£290,844
This estimated value is based upon the latest sale price for the house of £195,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 19 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2014 the House Price Index for HEREFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £195,000 results in an estimated price of approximately £290,844.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £195,000 | £95,844 | £290,844 |
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 | 91.301 % | £178,036 | £373,036 |
| 3 Month Average | 25.581 % | £49,883 | £244,883 |
| 6 Month Average | 34.634 % | £67,536 | £262,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £310,432 | £305,000 | 16 THREE ELMS ROAD |
| 1 Dec 2023 | £320,610 | £315,000 | 6 OATFIELD CLOSE |
| 1 Dec 2023 | £371,500 | £365,000 | 38 THREE ELMS ROAD |
| 3 Nov 2023 | £377,590 | £372,000 | 32 MOOR PARK ROAD |
| 18 Apr 2023 | £171,850 | £170,000 | 18 OATFIELD CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Sep 2014. Using an estimated price of £290,845 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on OATFIELD CLOSE is 112 sq meters (1,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Moor Park Road |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link | |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link | |
| Jan 2024 | Anti-social behaviour | On or near Warncombe Link | |
| Mar 2024 | Public order | Under investigation | On or near Moor Farm Lane |