£750,180
This estimated value is based upon the latest sale price for the house of £607,500 on 20 Sep 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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4 Hoestock Road, Sawbridgeworth, CM21 0DY
Phone: 01279799718
| Price Paid | Date |
|---|---|
| £607,500 | 20 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £607,500 results in an estimated price of approximately £750,180.
| 20 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £607,500 | £142,680 | £750,180 |
The Postcode Pricing Model uses changes in average sales price within the CM21 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 | -45.000 % | £-273,372 | £334,127 |
| 3 Month Average | -20.022 % | £-121,631 | £485,868 |
| 6 Month Average | 4.593 % | £27,900 | £635,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £673,613 | £665,000 | 5 FALCON CLOSE |
| 22 Sep 2023 | £587,461 | £579,950 | 3 WISEMANS GARDENS |
| 31 Jul 2023 | £575,242 | £567,500 | 3 FARNHAM CLOSE |
| 1 Jun 2022 | £745,536 | £735,000 | HAND LODGE HAND LANE |
| 21 Jan 2022 | £415,701 | £395,000 | 29 HIGH WYCH ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 11 Apr 2018. Using an estimated price of £750,181 means this house is valued at £4,808 per sq meter (£446 per sq foot).
The average size of a house on FARNHAM CLOSE is 142 sq meters (1,532 sq feet).
This house is the largest in the street with a floor area of 156 sq meters (1,679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Farnham Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wisemans Gardens |
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Hand Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hand Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hand Lane |