£211,535
This estimated value is based upon the latest sale price for the house of £200,000 on 17 Dec 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 |
|---|---|
| £200,000 | 17 Dec 2021 |
| £140,400 | 5 Aug 2016 |
| £27,500 | 25 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2021 the House Price Index for HEREFORD AND WORCESTER was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £200,000 results in an estimated price of approximately £211,535.
| 17 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £200,000 | £11,535 | £211,535 |
The Postcode Pricing Model uses changes in average sales price within the HR6 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 | 153.330 % | £306,660 | £506,660 |
| 3 Month Average | 24.696 % | £49,391 | £249,391 |
| 6 Month Average | -5.742 % | £-11,483 | £188,516 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Aug 2021.
The average size of a house on RAINBOW STREET is 84 sq meters (908 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burgess Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burgess Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burgess Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burgess Street |
| Feb 2024 | Anti-social behaviour | On or near Burgess Street |