£199,353
This estimated value is based upon the latest sale price for the house of £120,000 on 22 Aug 2008. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 22 Aug 2008 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2008 the House Price Index for HEREFORDSHIRE was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £120,000 results in an estimated price of approximately £199,353.
| 22 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £120,000 | £79,353 | £199,353 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | -24.348 % | £-29,217 | £90,782 |
| 3 Month Average | -0.272 % | £-326 | £119,673 |
| 6 Month Average | 28.630 % | £34,355 | £154,355 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Apr 2014.
The average size of a house on MERRIVALE LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alton Street |
| Mar 2024 | Public order | Under investigation | On or near Penyard Lane |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Penyard Lane |
| Dec 2023 | Vehicle crime | Under investigation | On or near Kent Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Old Gloucester Road |