£266,824
This estimated value is based upon the latest sale price for the house of £168,500 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,500 | 28 Feb 2014 |
| £140,000 | 31 Mar 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2014 the House Price Index for HEREFORDSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £168,500 results in an estimated price of approximately £266,824.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £168,500 | £98,324 | £266,824 |
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 | 91.599 % | £154,343 | £322,843 |
| 3 Month Average | 41.021 % | £69,121 | £237,621 |
| 6 Month Average | 44.711 % | £75,338 | £243,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £273,497 | £270,000 | 14 MARSHALL CLOSE |
| 6 Jun 2023 | £283,433 | £280,000 | 34 WORDSWORTH ROAD |
| 28 Feb 2023 | £219,852 | £220,000 | 221 WESTFALING STREET |
| 22 Jul 2022 | £325,877 | £325,000 | 33 LANGLAND DRIVE |
| 29 Apr 2022 | £375,877 | £365,000 | 30 BRIDGFORD CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Jan 2013. Using an estimated price of £266,824 means this house is valued at £3,176 per sq meter (£295 per sq foot).
The average size of a house on ARKWRIGHT CLOSE is 115 sq meters (1,241 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Arkwright Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marshall Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coleridge Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleridge Crescent |
| Mar 2024 | Other crime | Under investigation | On or near Marlowe Drive |