£1,038,962
This estimated value is based upon the latest sale price for the house of £600,000 on 18 Jan 2012. 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 |
|---|---|
| £600,000 | 18 Jan 2012 |
| £250,000 | 2 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,895 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 January 2012 the House Price Index for HERTFORDSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £600,000 results in an estimated price of approximately £1,038,962.
| 18 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £600,000 | £438,962 | £1,038,962 |
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 | 79.376 % | £476,254 | £1,076,254 |
| 3 Month Average | 48.653 % | £291,918 | £891,918 |
| 6 Month Average | 54.197 % | £325,181 | £925,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £675,000 | £675,000 | 11 BEECH DRIVE |
| 19 Mar 2024 | £568,738 | £560,000 | 1 WYCHFORD DRIVE |
| 19 Oct 2023 | £844,173 | £825,000 | 2 ROWNEY GARDENS |
| 10 Oct 2023 | £632,624 | £618,256 | 20 WHEATLEY CLOSE |
| 28 Sep 2023 | £628,863 | £615,000 | 10 WHEATLEY CLOSE |
This house has a floor area of 176 sq meters or 1,895 sq feet when measured on 8 Sep 2011. Using an estimated price of £1,038,962 means this house is valued at £5,898 per sq meter (£548 per sq foot).
The average size of a house on ROWNEY GARDENS is 228 sq meters (2,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harlow Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harlow Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Harlow Road |