£285,266
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Sep 2003. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 2 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 September 2003 the House Price Index for HEREFORDSHIRE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £125,000 results in an estimated price of approximately £285,266.
| 2 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £125,000 | £160,266 | £285,266 |
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 | 142.995 % | £178,743 | £303,743 |
| 3 Month Average | 97.659 % | £122,073 | £247,073 |
| 6 Month Average | 93.909 % | £117,385 | £242,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £290,000 | £290,000 | 40 PILLEY ROAD |
| 8 Nov 2023 | £370,485 | £365,000 | 33 PILLEY ROAD |
| 20 May 2022 | £300,614 | £294,950 | 51 PILLEY ROAD |
| 29 Apr 2022 | £350,132 | £340,000 | 12 CARLESS CLOSE |
| 27 Apr 2022 | £350,132 | £340,000 | 11 CARLESS CLOSE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 11 Dec 2015. Using an estimated price of £285,266 means this house is valued at £1,687 per sq meter (£156 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carless Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carless Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pilley Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Folly Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Folly Lane |