£276,718
This estimated value is based upon the latest sale price for the house of £59,750 on 19 Oct 1998. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£59,750 | 19 Oct 1998 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 October 1998 the House Price Index for HEREFORDSHIRE was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £59,750 results in an estimated price of approximately £276,718.
19 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £59,750 | £216,968 | £276,718 |
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 | 371.663 % | £222,068 | £281,818 |
3 Month Average | 290.593 % | £173,629 | £233,379 |
6 Month Average | 268.298 % | £160,308 | £220,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £352,162 | £346,000 | 10 RUSSELL CLOSE |
1 Sep 2023 | £339,339 | £335,000 | 3 COURTNAY RISE |
18 Aug 2023 | £484,236 | £480,000 | 19 BURWOOD CLOSE |
6 Jul 2023 | £356,802 | £352,000 | 6 COURTNAY RISE |
30 Jun 2023 | £242,943 | £240,000 | 4 OVERBURY COURT |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 1 Dec 2021. Using an estimated price of £276,718 means this house is valued at £2,005 per sq meter (£186 per sq foot).
The average size of a house on VENNS LANE is 138 sq meters (1,492 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Close |
Feb 2024 | Anti-social behaviour | On or near Courtnay Rise | |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Courtnay Rise |
Feb 2024 | Anti-social behaviour | On or near Courtnay Rise | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Courtnay Rise |