£469,233
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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40 Castle Street, Hertford, SG14 1HH
Phone: 01992843790
| Price Paid | Date |
|---|---|
| £400,000 | 16 Oct 2020 |
| £92,000 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £400,000 results in an estimated price of approximately £469,233.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £400,000 | £69,233 | £469,233 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | -30.957 % | £-123,829 | £276,170 |
| 3 Month Average | -16.548 % | £-66,192 | £333,807 |
| 6 Month Average | -4.638 % | £-18,550 | £381,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £373,265 | £370,000 | 19 TURPINS CLOSE |
| 3 Mar 2023 | £232,188 | £230,000 | 50 TURPINS CLOSE |
| 15 Jul 2022 | £195,526 | £195,000 | 63 LADYWOOD ROAD |
| 1 Dec 2021 | £433,908 | £405,000 | 97 LADYWOOD ROAD |
| 17 Nov 2021 | £378,530 | £350,000 | 67 LADYWOOD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Jun 2020. Using an estimated price of £469,233 means this house is valued at £5,393 per sq meter (£501 per sq foot).
The average size of a house on LADYWOOD ROAD is 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Thieves Lane |
| Feb 2024 | Anti-social behaviour | On or near Ladywood Road | |
| Feb 2024 | Anti-social behaviour | On or near Ladywood Road | |
| Feb 2024 | Anti-social behaviour | On or near Ladywood Road | |
| Mar 2024 | Anti-social behaviour | On or near Thieves Lane |