£201,742
This estimated value is based upon the latest sale price for the house of £60,000 on 2 Jul 2001. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 2 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2001 the House Price Index for HEREFORDSHIRE was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £60,000 results in an estimated price of approximately £201,742.
| 2 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £60,000 | £141,742 | £201,742 |
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 | 211.997 % | £127,198 | £187,198 |
| 3 Month Average | 201.718 % | £121,030 | £181,030 |
| 6 Month Average | 181.943 % | £109,165 | £169,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £213,156 | £210,000 | FLAT 5 GWYNNE GATE CATHERINE STREET |
| 1 Nov 2023 | £235,486 | £232,000 | 2 MERTON COURT CANAL ROAD |
| 28 Apr 2023 | £303,265 | £300,000 | 14 COMMERCIAL ROAD |
| 5 Apr 2023 | £121,306 | £120,000 | 16 COMMERCIAL ROAD |
| 7 Oct 2022 | £99,924 | £101,000 | 6 WHITBY HOUSE COMMERCIAL STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Nov 2013. Using an estimated price of £201,742 means this house is valued at £3,955 per sq meter (£367 per sq foot).
The average size of a house on CATHERINE STREET is 67 sq meters (723 sq feet).