£378,866
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 21 Jan 2022 |
| £220,000 | 8 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2022 the House Price Index for HEREFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £360,000 results in an estimated price of approximately £378,866.
| 21 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £360,000 | £18,866 | £378,866 |
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 | -5.556 % | £-20,000 | £339,999 |
| 3 Month Average | -11.150 % | £-40,139 | £319,860 |
| 6 Month Average | -0.922 % | £-3,317 | £356,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £465,640 | £460,000 | 27 MEADOW BANK ROAD |
| 14 Jun 2023 | £323,924 | £320,000 | 43 BROOKSIDE |
| 20 Feb 2023 | £289,805 | £290,000 | 8 BRITTEN CLOSE |
| 20 May 2022 | £341,433 | £335,000 | 19 BRITTEN CLOSE |
| 6 May 2022 | £331,751 | £325,500 | 12 LICHFIELD AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Aug 2017. Using an estimated price of £378,867 means this house is valued at £4,457 per sq meter (£414 per sq foot).
The average size of a house on BROOKSIDE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Under investigation | On or near Petrol Station |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |