£432,074
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Dec 2009. 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 |
|---|---|
| £250,000 | 22 Dec 2009 |
| £225,000 | 30 Sep 2004 |
| £142,995 | 14 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 649 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 2009 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £250,000 results in an estimated price of approximately £432,074.
| 22 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £250,000 | £182,074 | £432,074 |
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 | 40.163 % | £100,406 | £350,406 |
| 3 Month Average | 43.660 % | £109,149 | £359,149 |
| 6 Month Average | 66.036 % | £165,090 | £415,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £713,484 | £701,000 | 41 PORT VALE |
| 11 Sep 2023 | £592,577 | £585,000 | 26 MILLMEAD WAY |
| 25 Aug 2023 | £453,971 | £450,000 | 66 MILLMEAD WAY |
| 28 Jun 2023 | £331,010 | £327,000 | 44 MILLMEAD WAY |
| 6 Apr 2023 | £447,316 | £442,500 | 53 PORT VALE |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 23 Jul 2009. Using an estimated price of £432,074 means this house is valued at £7,155 per sq meter (£664 per sq foot).
The average size of a house on MILLMEAD WAY is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Port Vale |
| Mar 2024 | Anti-social behaviour | On or near Port Vale | |
| Mar 2024 | Anti-social behaviour | On or near Port Vale | |
| Apr 2024 | Anti-social behaviour | On or near Nelson Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Street |