£593,113
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Aug 2010. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 5 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,931 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 2010 the House Price Index for HEREFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £350,000 results in an estimated price of approximately £593,113.
| 5 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £350,000 | £243,113 | £593,113 |
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 | 85.933 % | £300,766 | £650,766 |
| 3 Month Average | 51.573 % | £180,505 | £530,505 |
| 6 Month Average | 39.155 % | £137,041 | £487,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £369,475 | £365,000 | 78 LICHFIELD AVENUE |
| 20 Jun 2023 | £308,740 | £305,000 | 86 LICHFIELD AVENUE |
| 10 Mar 2023 | £706,658 | £700,000 | 4 SEDGEFIELD ROAD |
| 7 Oct 2022 | £163,242 | £165,000 | FLAT 3 50 HAFOD ROAD |
| 6 Oct 2022 | £489,727 | £495,000 | 72 LICHFIELD AVENUE |
This house has a floor area of 179 sq meters or 1,931 sq feet when measured on 4 Feb 2010. Using an estimated price of £593,114 means this house is valued at £3,305 per sq meter (£307 per sq foot).
The average size of a house on LICHFIELD AVENUE is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Burrows Court | |
| Feb 2024 | Anti-social behaviour | On or near Burrows Court | |
| Jan 2024 | Anti-social behaviour | On or near Burrows Court | |
| Jan 2024 | Anti-social behaviour | On or near Burrows Court | |
| Jan 2024 | Anti-social behaviour | On or near Burrows Court |