£311,148
This estimated value is based upon the latest sale price for the house of £290,000 on 11 Jun 2021. This value is then adjusted by the current Official House Price Index for HEREFORD AND WORCESTER 1
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| Price Paid | Date |
|---|---|
| £290,000 | 11 Jun 2021 |
| £229,000 | 31 May 2016 |
| £185,000 | 2 Sep 2005 |
| £75,000 | 24 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 June 2021 the House Price Index for HEREFORD AND WORCESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £290,000 results in an estimated price of approximately £311,148.
| 11 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £290,000 | £21,148 | £311,148 |
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 | -4.490 % | £-13,020 | £276,979 |
| 3 Month Average | -12.457 % | £-36,124 | £253,875 |
| 6 Month Average | -20.082 % | £-58,237 | £231,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | 34 GURNEY AVENUE |
| 30 Jun 2023 | £366,945 | £362,500 | 13 GAISFORD CLOSE |
| 14 Jun 2023 | £395,794 | £391,000 | 7 ELEANOR AVENUE |
| 3 Mar 2023 | £171,617 | £170,000 | 9 TRISTRAM COURT |
| 1 Feb 2023 | £124,916 | £125,000 | FLAT 15 FIELDING HOUSE SUDBURY AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Nov 2015. Using an estimated price of £311,148 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on GAISFORD CLOSE is 123 sq meters (1,325 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gurney Avenue |
| Mar 2024 | Anti-social behaviour | On or near Sudbury Avenue | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sudbury Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Kirkland Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kirkland Close |