£312,920
This estimated value is based upon the latest sale price for the house of £235,000 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 15 Jul 2016 |
| £120,000 | 11 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2016 the House Price Index for HEREFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £235,000 results in an estimated price of approximately £312,920.
| 15 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £235,000 | £77,920 | £312,920 |
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 | 46.820 % | £110,027 | £345,027 |
| 3 Month Average | 41.886 % | £98,432 | £333,432 |
| 6 Month Average | 37.894 % | £89,050 | £324,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £390,786 | £385,000 | 6 MORELAND AVENUE |
| 6 Jul 2023 | £349,707 | £345,000 | 38 AUDLEY CRESCENT |
| 23 Jun 2023 | £361,884 | £357,500 | 16 AUDLEY CRESCENT |
| 27 Feb 2023 | £246,834 | £247,000 | 17 PENN GROVE ROAD |
| 27 May 2022 | £356,722 | £350,000 | 24 MORELAND AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 27 Apr 2016. Using an estimated price of £312,920 means this house is valued at £3,863 per sq meter (£358 per sq foot).
The average size of a house on MORELAND AVENUE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Offender given a caution | On or near Moreland Avenue |
| Dec 2023 | Drugs | Local resolution | On or near Moreland Avenue |
| Feb 2024 | Anti-social behaviour | On or near Courtnay Rise | |
| Feb 2024 | Anti-social behaviour | On or near Courtnay Rise | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Courtnay Rise |