£663,865
This estimated value is based upon the latest sale price for the house of £455,000 on 23 Feb 2015. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
There has been one burglary within the last year on or near Southbank Road
More crime details
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| Price Paid | Date |
|---|---|
| £455,000 | 23 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 226 sq meters or 2,432 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 February 2015 the House Price Index for HEREFORDSHIRE was 100.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.904%.Applying this 45.904% change to the original purchase price of £455,000 results in an estimated price of approximately £663,865.
| 23 Feb 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 146.7 | 45.904 % | £455,000 | £208,865 | £663,865 |
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 | 49.334 % | £224,468 | £679,468 |
| 3 Month Average | 45.829 % | £208,522 | £663,522 |
| 6 Month Average | 36.495 % | £166,053 | £621,053 |
This house has a floor area of 226 sq meters or 2,432 sq feet when measured on 8 Jul 2014.
The average size of a house on SOUTHBANK ROAD is 158 sq meters (1,704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Southbank Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatterall Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hatterall Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jury Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bodenham Road |