£311,130
This estimated value is based upon the latest sale price for the house of £180,000 on 1 Aug 2011. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 1 Aug 2011 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,146 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 2011 the House Price Index for HEREFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £180,000 results in an estimated price of approximately £311,130.
| 1 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £180,000 | £131,130 | £311,130 |
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 | 92.568 % | £166,622 | £346,622 |
| 3 Month Average | 41.358 % | £74,443 | £254,443 |
| 6 Month Average | 54.404 % | £97,927 | £277,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £172,202 | £170,000 | 12 GRAMPIAN CLOSE |
| 15 Jun 2023 | £364,414 | £360,000 | 36 BREDON DRIVE |
| 12 Jan 2023 | £398,125 | £400,000 | 23 BREDON DRIVE |
| 29 Jul 2022 | £298,804 | £298,000 | 28 COTSWOLD DRIVE |
| 17 Jun 2022 | £321,544 | £317,000 | 27 GRAMPIAN CLOSE |
This house has a floor area of 106 sq meters or 1,146 sq feet when measured on 24 Jul 2011. Using an estimated price of £311,131 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on COTSWOLD DRIVE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pennine Close |
| Mar 2024 | Anti-social behaviour | On or near Bonington Drive | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bonington Drive |
| Feb 2024 | Public order | Under investigation | On or near Bonington Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bonington Drive |