£444,890
This estimated value is based upon the latest sale price for the house of £358,000 on 13 Dec 2018. 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 |
|---|---|
| £358,000 | 13 Dec 2018 |
| £260,000 | 17 Dec 2014 |
| £171,000 | 31 Oct 2003 |
| £74,950 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £358,000 results in an estimated price of approximately £444,890.
| 13 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £358,000 | £86,890 | £444,890 |
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 | -5.638 % | £-20,184 | £337,815 |
| 3 Month Average | 5.363 % | £19,198 | £377,198 |
| 6 Month Average | -2.428 % | £-8,691 | £349,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £378,312 | £372,500 | 9 WINDSOR DRIVE |
| 6 Dec 2023 | £402,364 | £390,000 | 43 WINDSOR DRIVE |
| 1 Dec 2023 | £345,620 | £335,000 | 59 CHERRY TREE GREEN |
| 20 Nov 2023 | £277,032 | £270,000 | 26 WINDSOR DRIVE |
| 21 Aug 2023 | £418,549 | £411,000 | 29 WINDSOR DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Aug 2014. Using an estimated price of £444,890 means this house is valued at £5,703 per sq meter (£529 per sq foot).
The average size of a house on CHERRY TREE GREEN is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Cherry Tree Green | |
| May 2024 | Anti-social behaviour | On or near Cherry Tree Green | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Green |
| May 2024 | Anti-social behaviour | On or near Cherry Tree Green | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Green |