£500,559
This estimated value is based upon the latest sale price for the house of £390,000 on 14 Feb 2017. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 14 Feb 2017 |
| £332,000 | 17 May 2012 |
| £120,000 | 30 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 February 2017 the House Price Index for HEREFORDSHIRE was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £390,000 results in an estimated price of approximately £500,559.
| 14 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £390,000 | £110,559 | £500,559 |
The Postcode Pricing Model uses changes in average sales price within the HR1 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 | 60.110 % | £234,428 | £624,428 |
| 3 Month Average | 34.380 % | £134,082 | £524,082 |
| 6 Month Average | 22.305 % | £86,989 | £476,989 |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 21 Nov 2016.
The average size of a house on ELGAR AVENUE is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holbrook Close |
| Feb 2024 | Other theft | Under investigation | On or near Holbrook Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Holbrook Close |
| Mar 2024 | Anti-social behaviour | On or near Lighton Close | |
| Feb 2024 | Other crime | Under investigation | On or near Lighton Close |