£561,633
This estimated value is based upon the latest sale price for the house of £332,500 on 17 Oct 2006. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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| Price Paid | Date |
|---|---|
| £332,500 | 17 Oct 2006 |
| £285,000 | 31 Jan 2005 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2006 the House Price Index for HEREFORDSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £332,500 results in an estimated price of approximately £561,633.
| 17 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £332,500 | £229,133 | £561,633 |
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 | -23.266 % | £-77,358 | £255,141 |
| 3 Month Average | 35.071 % | £116,610 | £449,110 |
| 6 Month Average | 38.764 % | £128,891 | £461,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £208,651 | £205,000 | 5 CLOVER TERRACE |
| 24 Nov 2023 | £192,855 | £190,000 | 3 CLOVER TERRACE |
| 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 |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 21 Aug 2014. Using an estimated price of £561,634 means this house is valued at £3,227 per sq meter (£299 per sq foot).
| 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 | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |