£254,841
This estimated value is based upon the latest sale price for the house of £153,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for HEREFORDSHIRE 1
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Price Paid | Date |
---|---|
£153,000 | 14 Jun 2013 |
£45,000 | 7 Jan 1999 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 June 2013 the House Price Index for HEREFORDSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £153,000 results in an estimated price of approximately £254,841.
14 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £153,000 | £101,841 | £254,841 |
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 | -16.509 % | £-25,258 | £127,741 |
3 Month Average | 45.575 % | £69,729 | £222,729 |
6 Month Average | 41.065 % | £62,829 | £215,829 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £160,814 | £158,000 | 2 ST OWEN GATE |
10 Nov 2023 | £240,561 | £237,000 | 5 GREEN STREET |
27 Jul 2023 | £266,588 | £263,000 | 7A MILL STREET |
10 Feb 2023 | £197,367 | £197,500 | APARTMENT 1 ST JAMES COURT ST OWEN STREET |
30 Aug 2022 | £309,168 | £310,000 | 19 MILL STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Feb 2013. Using an estimated price of £254,842 means this house is valued at £3,920 per sq meter (£364 per sq foot).
The average size of a house on GREEN STREET is 100 sq meters (1,078 sq feet).