£297,329
This estimated value is based upon the latest sale price for the house of £172,500 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,500 | 16 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2011 the House Price Index for HEREFORDSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £172,500 results in an estimated price of approximately £297,329.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £172,500 | £124,829 | £297,329 |
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 | 55.097 % | £95,042 | £267,542 |
| 3 Month Average | 39.325 % | £67,836 | £240,336 |
| 6 Month Average | 35.893 % | £61,915 | £234,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £388,248 | £382,500 | 5 SIDDONS ROAD |
| 3 Apr 2023 | £323,483 | £320,000 | 8 GOLDSMITH CLOSE |
| 10 Mar 2023 | £343,234 | £340,000 | 32 SIDDONS ROAD |
| 23 Jan 2023 | £328,453 | £330,000 | 41 HARVEY ROAD |
| 17 Jun 2022 | £304,300 | £300,000 | 16 GORSTY LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 7 Mar 2015. Using an estimated price of £297,330 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on GORSTY LANE is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harvey Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemary Gardens |
| Dec 2023 | Anti-social behaviour | On or near Rosemary Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Rosemary Gardens | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosemary Gardens |