£723,223
This estimated value is based upon the latest sale price for the house of £701,000 on 7 Dec 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 |
---|---|
£701,000 | 7 Dec 2023 |
£633,000 | 7 Aug 2020 |
£367,500 | 21 May 2009 |
£335,000 | 11 Aug 2005 |
£195,000 | 21 Jul 2000 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2023 the House Price Index for HERTFORDSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £701,000 results in an estimated price of approximately £723,223.
7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £701,000 | £22,223 | £723,223 |
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 | 30.800 % | £215,905 | £916,905 |
3 Month Average | -4.957 % | £-34,746 | £666,253 |
6 Month Average | -4.732 % | £-33,168 | £667,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £695,689 | £685,000 | 10 MILLMEAD WAY |
7 Dec 2023 | £723,223 | £701,000 | 41 PORT VALE |
9 Oct 2023 | £447,156 | £437,000 | 17 MILLMEAD WAY |
6 Apr 2023 | £450,934 | £442,500 | 53 PORT VALE |
20 Jan 2023 | £531,420 | £530,000 | 60 PORT VALE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 6 Jun 2020. Using an estimated price of £723,223 means this house is valued at £7,455 per sq meter (£692 per sq foot).
The average size of a house on PORT VALE is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
May 2024 | Anti-social behaviour | On or near Nelson Street | |
May 2024 | Anti-social behaviour | On or near Nelson Street |