£388,889
This estimated value is based upon the latest sale price for the house of £224,950 on 27 Oct 2011. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £224,950 | 27 Oct 2011 |
| Detached |
| Freehold |
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 October 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 72.878%.Applying this 72.878% change to the original purchase price of £224,950 results in an estimated price of approximately £388,889.
| 27 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £224,950 | £163,939 | £388,889 |
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 | 66.167 % | £148,843 | £373,793 |
| 3 Month Average | 51.727 % | £116,361 | £341,311 |
| 6 Month Average | 41.606 % | £93,593 | £318,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £460,893 | £455,000 | 17 OLD BROMLEY LANE |
| 26 Jul 2023 | £278,752 | £275,000 | 15 PEARMAIN DRIVE |
| 10 Jul 2023 | £301,052 | £297,000 | 3 GREEN WILDING ROAD |
| 3 Apr 2023 | £333,592 | £330,000 | 28 RED NORMAN RISE |
| 24 Feb 2023 | £82,445 | £82,500 | FLAT 4 HAWTHORNDEN HOUSE RED NORMAN RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Pearmain Drive | |
| Dec 2023 | Anti-social behaviour | On or near Pearmain Drive | |
| Dec 2023 | Anti-social behaviour | On or near Pearmain Drive | |
| Dec 2023 | Anti-social behaviour | On or near Pearmain Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Wilding Road |