£418,393
This estimated value is based upon the latest sale price for the house of £327,000 on 25 Aug 2017. 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 |
|---|---|
| £327,000 | 25 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £327,000 results in an estimated price of approximately £418,393.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £327,000 | £91,393 | £418,393 |
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 | 11.145 % | £36,442 | £363,442 |
| 3 Month Average | -10.733 % | £-35,097 | £291,902 |
| 6 Month Average | -0.286 % | £-934 | £326,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £531,327 | £515,000 | 22 SAFFRON CRESCENT |
| 28 Oct 2022 | £473,419 | £475,000 | 18 SAFFRON CRESCENT |
| 29 Sep 2022 | £379,696 | £379,950 | 10 MARLANDS |
| 22 Jul 2022 | £500,010 | £495,000 | 9 RIVERFIELD LANE |
| 8 Jul 2022 | £315,158 | £312,000 | 18 REEDINGS WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Apr 2017. Using an estimated price of £418,393 means this house is valued at £5,229 per sq meter (£485 per sq foot).
The average size of a house on REEDINGS WAY is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Under investigation | On or near Reedings Way |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Reedings Way |
| Jun 2024 | Anti-social behaviour | On or near Reedings Way | |
| Jun 2024 | Anti-social behaviour | On or near Reedings Way | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedings Way |