£298,046
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Aug 2012. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 15 Aug 2012 |
| £187,500 | 22 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 919 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 2012 the House Price Index for HEREFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £175,000 results in an estimated price of approximately £298,046.
| 15 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £175,000 | £123,046 | £298,046 |
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 | 55.659 % | £97,403 | £272,403 |
| 3 Month Average | 47.071 % | £82,374 | £257,374 |
| 6 Month Average | 40.326 % | £70,569 | £245,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £160,814 | £158,000 | 14 ANGELA CLOSE |
| 2 Nov 2023 | £426,312 | £420,000 | 63 QUARRY ROAD |
| 30 Jun 2023 | £379,598 | £375,000 | 99 OLD EIGN HILL |
| 5 Apr 2023 | £288,102 | £285,000 | 98 QUARRY ROAD |
| 30 Mar 2023 | £264,492 | £262,000 | 12 LONGWORTH ROAD |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 16 Sep 2011. Using an estimated price of £298,047 means this house is valued at £3,489 per sq meter (£324 per sq foot).
The average size of a house on WELLINGTON PLACE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wellington Place |
| Feb 2024 | Anti-social behaviour | On or near Saint Paul Road | |
| Feb 2024 | Anti-social behaviour | On or near Saint Paul Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harvey Road |
| Mar 2024 | Anti-social behaviour | On or near Lighton Close |