£223,097
This estimated value is based upon the latest sale price for the house of £139,000 on 16 Dec 2013. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £139,000 | 16 Dec 2013 |
| £127,000 | 28 Nov 2008 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2013 the House Price Index for HEREFORDSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £139,000 results in an estimated price of approximately £223,097.
| 16 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £139,000 | £84,097 | £223,097 |
The Postcode Pricing Model uses changes in average sales price within the HR7 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 | -38.606 % | £-53,661 | £85,338 |
| 3 Month Average | 22.795 % | £31,685 | £170,685 |
| 6 Month Average | 36.772 % | £51,112 | £190,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £296,896 | £292,500 | 26 FIRS ORCHARD |
| 26 Sep 2023 | £171,189 | £169,000 | 25 YORK ROAD |
| 26 Sep 2023 | £202,590 | £200,000 | 31 FIRS ORCHARD |
| 24 Mar 2023 | £174,645 | £173,000 | 42 BANNUT TREE ESTATE |
| 31 Jan 2023 | £218,969 | £220,000 | 5 BANNUT TREE ESTATE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Jun 2013. Using an estimated price of £223,097 means this house is valued at £3,142 per sq meter (£291 per sq foot).
The average size of a house on YORK ROAD is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Road |
| Feb 2024 | Anti-social behaviour | On or near Firs Lane | |
| Feb 2024 | Anti-social behaviour | On or near Firs Lane | |
| Jan 2024 | Other theft | Under investigation | On or near Sling Orchard |
| Jan 2024 | Anti-social behaviour | On or near Bannut Tree |