£501,045
This estimated value is based upon the latest sale price for the house of £490,000 on 7 Sep 2023. 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 |
---|---|
£490,000 | 7 Sep 2023 |
£250,000 | 31 Jan 2012 |
£250,000 | 31 Oct 2006 |
£152,000 | 27 Jun 2006 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 September 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £490,000 results in an estimated price of approximately £501,045.
7 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £490,000 | £11,045 | £501,045 |
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 | -2.405 % | £-11,786 | £478,213 |
3 Month Average | 20.343 % | £99,678 | £589,678 |
6 Month Average | 2.547 % | £12,478 | £502,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £501,045 | £490,000 | 39 MOLEWOOD ROAD |
11 Aug 2023 | £513,766 | £504,500 | 59 WELLINGTON STREET |
30 Jun 2023 | £755,133 | £740,000 | 4 WILLOW BOUGH YARD |
22 Feb 2023 | £739,943 | £735,000 | 2 WILLOW BOUGH YARD |
2 Feb 2023 | £525,561 | £522,050 | 32 MOLEWOOD ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Sep 2017. Using an estimated price of £501,045 means this house is valued at £6,110 per sq meter (£567 per sq foot).
The average size of a house on MOLEWOOD ROAD is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Willow Bough Yard |
May 2024 | Theft from the person | Under investigation | On or near Willow Bough Yard |
May 2024 | Anti-social behaviour | On or near Nelson Street | |
May 2024 | Anti-social behaviour | On or near Nelson Street | |
May 2024 | Anti-social behaviour | On or near Nelson Street |