£1,903,978
This estimated value is based upon the latest sale price for the house of £313,000 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £313,000 | 26 Oct 2023 |
| £140,000 | 11 Oct 2017 |
| Terraced |
| Freehold |
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 October 2023 the House Price Index for HEREFORDSHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £313,000 results in an estimated price of approximately £1,903,978.
| 26 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £313,000 | £1,590,978 | £1,903,978 |
The Postcode Pricing Model uses changes in average sales price within the HR3 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 | -20.569 % | £-64,379 | £248,620 |
| 3 Month Average | 39.746 % | £124,406 | £437,406 |
| 6 Month Average | 5.171 % | £16,185 | £329,185 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £516,652 | £517,000 | DINGLEFIELD COTTAGE |
| 6 Sep 2022 | £371,996 | £375,000 | 6 ALBERT TERRACE |
| 16 Aug 2022 | £359,034 | £360,000 | 1 GARRIBALDI TERRACE |
| 12 Aug 2022 | £329,114 | £330,000 | STABLE COTTAGE |
| 20 Jan 2022 | £299,936 | £285,000 | THE COACH HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Lower Mead |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Mead |
| Dec 2023 | Anti-social behaviour | On or near Broad Street | |
| Dec 2023 | Anti-social behaviour | On or near Broad Street | |
| Dec 2023 | Anti-social behaviour | On or near Broad Street |