£1,125,350
This estimated value is based upon the latest sale price for the house of £665,000 on 29 Nov 2012. 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 |
|---|---|
| £665,000 | 29 Nov 2012 |
| £675,000 | 25 Jan 2007 |
| £455,000 | 15 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,109 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 November 2012 the House Price Index for HERTFORDSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £665,000 results in an estimated price of approximately £1,125,350.
| 29 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £665,000 | £460,350 | £1,125,350 |
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 | 5.890 % | £39,168 | £704,168 |
| 3 Month Average | 15.087 % | £100,331 | £765,331 |
| 6 Month Average | 33.720 % | £224,240 | £889,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £564,942 | £560,000 | 102 COWPER CRESCENT |
| 5 May 2022 | £835,748 | £820,000 | 138 COWPER CRESCENT |
| 25 Feb 2022 | £702,625 | £670,000 | 96 COWPER CRESCENT |
| 21 Sep 2021 | £902,484 | £837,500 | 90 COWPER CRESCENT |
| 30 Nov 2020 | £1,170,078 | £1,009,250 | MOLE END HIGH MOLEWOOD |
This house has a floor area of 195 sq meters or 2,109 sq feet when measured on 26 Apr 2011. Using an estimated price of £1,125,350 means this house is valued at £5,743 per sq meter (£533 per sq foot).
The average size of a house on GREAT MOLEWOOD is 196 sq meters (2,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Great Molewood |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Desborough Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Desborough Close |
| Apr 2024 | Anti-social behaviour | On or near Cumberland Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peel Crescent |