£61,000
This estimated value is based upon the latest sale price for the house of £52,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £52,000 | 2 Oct 2020 |
| £28,500 | 11 Apr 2000 |
| £27,000 | 5 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 384 sq feet |
This model uses changes in the Official Land Registry House Price Index for HEREFORD AND WORCESTER to estimate the market value.
When this house was purchased in October 2020 the House Price Index for HEREFORD AND WORCESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £52,000 results in an estimated price of approximately £61,000.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £52,000 | £9,000 | £61,000 |
The Postcode Pricing Model uses changes in average sales price within the HR4 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 | 43.650 % | £22,697 | £74,697 |
| 3 Month Average | 5.083 % | £2,642 | £54,642 |
| 6 Month Average | 11.897 % | £6,186 | £58,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £165,111 | £163,000 | 23 WATKINS COURT OLD MILL CLOSE |
| 27 Apr 2023 | £156,687 | £155,000 | 25 WATKINS COURT OLD MILL CLOSE |
| 14 Feb 2023 | £119,919 | £120,000 | 12 WATKINS COURT |
| 1 Feb 2023 | £139,906 | £140,000 | FLAT 10 MUNDI COURT FRIARS STREET |
| 24 Jan 2023 | £114,461 | £115,000 | 46 WATKINS COURT OLD MILL CLOSE |
This house has a floor area of 35 sq meters or 384 sq feet when measured on 12 Sep 2009. Using an estimated price of £61,000 means this house is valued at £1,707 per sq meter (£158 per sq foot).
The average size of a house on FRIARS STREET is 69 sq meters (750 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (384 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Friars Street | |
| Feb 2024 | Anti-social behaviour | On or near Friars Street | |
| Jan 2024 | Anti-social behaviour | On or near Friars Street | |
| Jan 2024 | Anti-social behaviour | On or near Friars Street | |
| Jan 2024 | Anti-social behaviour | On or near Friars Street |