£345,109
This estimated value is based upon the latest sale price for the house of £340,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 10 Nov 2023 |
| £225,000 | 5 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 November 2023 the House Price Index for HEREFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £340,000 results in an estimated price of approximately £345,109.
| 10 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £340,000 | £5,109 | £345,109 |
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 | 34.471 % | £117,200 | £457,200 |
| 3 Month Average | 14.997 % | £50,988 | £390,988 |
| 6 Month Average | -5.474 % | £-18,610 | £321,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £345,109 | £340,000 | 289 LEDBURY ROAD |
| 16 Jun 2023 | £318,862 | £315,000 | 239A LEDBURY ROAD |
| 23 Jan 2023 | £303,570 | £305,000 | 228 WHITTERN WAY |
| 16 Aug 2022 | £378,980 | £380,000 | 366 LEDBURY ROAD |
| 25 Jul 2022 | £325,877 | £325,000 | 279 LEDBURY ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 18 Jul 2014. Using an estimated price of £345,109 means this house is valued at £3,195 per sq meter (£296 per sq foot).
The average size of a house on LEDBURY ROAD is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Biddulph Rise | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Biddulph Rise |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Biddulph Rise |