£564,589
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Apr 2021. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 21 Apr 2021 |
| 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 April 2021 the House Price Index for HEREFORDSHIRE was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £500,000 results in an estimated price of approximately £564,589.
| 21 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £500,000 | £64,589 | £564,589 |
The Postcode Pricing Model uses changes in average sales price within the HR2 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 | 13.008 % | £65,037 | £565,037 |
| 3 Month Average | 18.889 % | £94,444 | £594,444 |
| 6 Month Average | 33.050 % | £165,249 | £665,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £648,289 | £640,000 | YEW TREE COTTAGE |
| 21 Sep 2023 | £151,943 | £150,000 | 9 POPLAR ROAD |
| 8 Sep 2023 | £541,929 | £535,000 | 7 GARDINERS OAK |
| 2 Aug 2023 | £580,075 | £575,000 | 2 GARDINERS OAK |
| 17 Apr 2023 | £631,803 | £625,000 | 1 THE MALLARDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Cobhall Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobhall Lane |