£106,856
This estimated value is based upon the latest sale price for the house of £85,000 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 12 Dec 2017 |
| Terraced |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2017 the House Price Index for HEREFORDSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £85,000 results in an estimated price of approximately £106,856.
| 12 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £85,000 | £21,856 | £106,856 |
The Postcode Pricing Model uses changes in average sales price within the HR5 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 | 16.976 % | £14,429 | £99,429 |
| 3 Month Average | 2.211 % | £1,879 | £86,879 |
| 6 Month Average | 4.710 % | £4,003 | £89,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £345,109 | £340,000 | SYCAMORE COTTAGE, 6A THE SQUARE |
| 3 Nov 2023 | £123,833 | £122,000 | 6 WALNUT GARDENS |
| 17 Apr 2023 | £171,850 | £170,000 | THE COTTAGE, 2A HUSSEYS LANE |
| 10 Mar 2023 | £131,236 | £130,000 | 21 WALNUT GARDENS |
| 31 Aug 2022 | £196,471 | £197,000 | 35 CHURCH STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 2 May 2019. Using an estimated price of £106,857 means this house is valued at £2,054 per sq meter (£190 per sq foot).
The average size of a house on WALNUT GARDENS is 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Morgans Orchard |
| Apr 2024 | Public order | Under investigation | On or near Common Close |