£481,505
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Mill Bridge, Hertford, SG14 1PY
Phone: 01992273618
| Price Paid | Date |
|---|---|
| £300,000 | 19 Dec 2013 |
| £245,000 | 7 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 December 2013 the House Price Index for HERTFORDSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £300,000 results in an estimated price of approximately £481,505.
| 19 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £300,000 | £181,505 | £481,505 |
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 | -5.580 % | £-16,739 | £283,260 |
| 3 Month Average | 19.544 % | £58,630 | £358,630 |
| 6 Month Average | 38.012 % | £114,036 | £414,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £623,227 | £614,000 | 129 THE AVENUE |
| 7 Feb 2023 | £764,486 | £765,000 | 16 BUCKWELLS FIELD |
| 14 Nov 2022 | £706,443 | £715,000 | 21 LODGE CLOSE |
| 29 Jul 2022 | £586,579 | £585,000 | 5 WOODHALL CLOSE |
| 13 May 2022 | £550,370 | £540,000 | 11 BUCKWELLS FIELD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 3 Sep 2013. Using an estimated price of £481,505 means this house is valued at £9,085 per sq meter (£844 per sq foot).
The average size of a house on THE AVENUE is 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Close |
| Jan 2024 | Drugs | Local resolution | On or near Lodge Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhall Close |
| Feb 2024 | Anti-social behaviour | On or near Woodhall Close | |
| Feb 2024 | Anti-social behaviour | On or near Woodhall Close |