£514,481
This estimated value is based upon the latest sale price for the house of £369,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Old Post Office, 4 Church Street, Sawbridgeworth, CM21 9AB
Phone: 01279246649
Price Paid | Date |
---|---|
£369,000 | 18 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £369,000 results in an estimated price of approximately £514,481.
18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £369,000 | £145,481 | £514,481 |
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 | 37.363 % | £137,871 | £506,871 |
3 Month Average | 5.418 % | £19,994 | £388,994 |
6 Month Average | 20.434 % | £75,400 | £444,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £590,000 | £590,000 | 7 SOUTH BROOK |
17 Nov 2023 | £666,929 | £650,000 | 2 SOUTH BROOK |
17 Nov 2023 | £475,059 | £463,000 | 11 PARKWAY |
25 Aug 2023 | £560,102 | £550,000 | 7 CEDAR CLOSE |
18 Nov 2022 | £512,603 | £515,000 | 22 PARKWAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 12 Aug 2015. Using an estimated price of £514,481 means this house is valued at £4,473 per sq meter (£415 per sq foot).
The average size of a house on SOUTH BROOK is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbrook |
Jul 2024 | Vehicle crime | Under investigation | On or near Cedar Close |
Jul 2024 | Anti-social behaviour | On or near Elmwood | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Drive |
Jun 2024 | Anti-social behaviour | On or near East Drive |