£724,612
This estimated value is based upon the latest sale price for the house of £535,000 on 20 Apr 2016. 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 |
|---|---|
| £535,000 | 20 Apr 2016 |
| £230,000 | 13 Jun 2006 |
| £144,000 | 29 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 April 2016 the House Price Index for HERTFORDSHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £535,000 results in an estimated price of approximately £724,612.
| 20 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £535,000 | £189,612 | £724,612 |
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 | -0.986 % | £-5,277 | £529,722 |
| 3 Month Average | 1.877 % | £10,043 | £545,043 |
| 6 Month Average | 18.355 % | £98,201 | £633,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £312,000 | £312,000 | 79 WILLOWMEAD |
| 18 Aug 2023 | £383,354 | £380,000 | 38 ASHLEY ROAD |
| 28 Jul 2023 | £212,865 | £210,000 | 118 WILLOWMEAD |
| 25 Jul 2023 | £466,276 | £460,000 | 1 BECKETTS |
| 25 Aug 2022 | £590,909 | £592,500 | 2 BECKETTS |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 16 May 2019. Using an estimated price of £724,612 means this house is valued at £5,750 per sq meter (£534 per sq foot).
The average size of a house on HERTINGFORDBURY ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashley Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelmsford Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chelmsford Road |