£1,153,396
This estimated value is based upon the latest sale price for the house of £935,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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40 Castle Street, Hertford, SG14 1HH
Phone: 01992843790
| Price Paid | Date |
|---|---|
| £935,000 | 7 Dec 2018 |
| £515,000 | 3 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £935,000 results in an estimated price of approximately £1,153,396.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £935,000 | £218,396 | £1,153,396 |
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 | -32.562 % | £-304,452 | £630,547 |
| 3 Month Average | -11.069 % | £-103,493 | £831,506 |
| 6 Month Average | -0.193 % | £-1,803 | £933,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £376,589 | £370,000 | 6 MOUNT ROAD |
| 28 Jul 2023 | £952,824 | £940,000 | 5 FORDWICH CLOSE |
| 28 Apr 2023 | £798,599 | £790,000 | 51 FORDWICH RISE |
| 5 Aug 2022 | £807,826 | £810,000 | 33 FORDWICH RISE |
| 20 Jun 2022 | £1,420,068 | £1,400,000 | 1 FORDWICH CLOSE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 6 Jun 2018. Using an estimated price of £1,153,397 means this house is valued at £6,337 per sq meter (£588 per sq foot).
The average size of a house on FORDWICH RISE is 141 sq meters (1,525 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mount Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mount Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mount Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chelmsford Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chelmsford Road |