£478,401
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Nov 2002. 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 |
|---|---|
| £185,000 | 28 Nov 2002 |
| £81,500 | 7 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2002 the House Price Index for HERTFORDSHIRE was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £185,000 results in an estimated price of approximately £478,401.
| 28 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £185,000 | £293,401 | £478,401 |
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 | 188.487 % | £348,701 | £533,701 |
| 3 Month Average | 118.267 % | £218,793 | £403,793 |
| 6 Month Average | 142.055 % | £262,801 | £447,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £488,816 | £480,000 | 2 ELMWOOD |
| 5 Jun 2023 | £459,202 | £450,000 | 3 ELMWOOD |
| 18 Nov 2022 | £512,603 | £515,000 | 22 PARKWAY |
| 5 Jul 2022 | £494,960 | £490,000 | 52 ELMWOOD |
| 30 May 2022 | £374,763 | £365,000 | 24 ELMWOOD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Jul 2013. Using an estimated price of £478,401 means this house is valued at £4,832 per sq meter (£448 per sq foot).
The average size of a house on ELMWOOD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elmwood | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cedar Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbrook |
| Jul 2024 | Anti-social behaviour | On or near Vantorts Close | |
| Jul 2024 | Anti-social behaviour | On or near Vantorts Close |