£385,797
This estimated value is based upon the latest sale price for the house of £158,000 on 3 Jan 2003. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,000 | 3 Jan 2003 |
| £101,950 | 26 May 2000 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 942 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 January 2003 the House Price Index for HEREFORDSHIRE was 60.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 144.176%.Applying this 144.176% change to the original purchase price of £158,000 results in an estimated price of approximately £385,797.
| 3 Jan 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 146.7 | 144.176 % | £158,000 | £227,797 | £385,797 |
The Postcode Pricing Model uses changes in average sales price within the HR9 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 | 5.273 % | £8,330 | £166,330 |
| 3 Month Average | 67.219 % | £106,206 | £264,206 |
| 6 Month Average | 111.162 % | £175,636 | £333,636 |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 9 Mar 2009.
The average size of a house on OAK TREE RISE is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oak Tree Rise |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |