£222,871
This estimated value is based upon the latest sale price for the house of £165,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 31 Mar 2016 |
| £160,000 | 10 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
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 March 2016 the House Price Index for HEREFORDSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £165,000 results in an estimated price of approximately £222,871.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £165,000 | £57,871 | £222,871 |
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 | 69.630 % | £114,889 | £279,889 |
| 3 Month Average | 47.768 % | £78,816 | £243,816 |
| 6 Month Average | 36.250 % | £59,813 | £224,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £167,137 | £165,000 | FLAT, 2 WYE WAY |
| 29 Mar 2023 | £60,571 | £60,000 | APARTMENT 1 VICTORY HOUSE, 3 NELSON STREET |
| 22 Nov 2022 | £337,907 | £342,000 | 29 NELSON STREET |
| 23 Aug 2022 | £124,664 | £125,000 | FLAT 24 WYE WAY |
| 18 Jan 2022 | £370,974 | £352,500 | 2 NELSON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Nightingale Way |
| Mar 2024 | Drugs | Local resolution | On or near Nightingale Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightingale Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Nightingale Way |
| Jan 2024 | Anti-social behaviour | On or near Nightingale Way |