£416,707
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Nov 2011. 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 |
---|---|
£240,000 | 18 Nov 2011 |
£127,000 | 29 Oct 2001 |
£85,000 | 17 Jul 1998 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 672 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 November 2011 the House Price Index for HERTFORDSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £240,000 results in an estimated price of approximately £416,707.
18 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.628 % | £240,000 | £176,707 | £416,707 |
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 | 44.519 % | £106,846 | £346,846 |
3 Month Average | 43.315 % | £103,956 | £343,956 |
6 Month Average | 38.248 % | £91,794 | £331,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £423,679 | £420,000 | 25 CHAMBERS STREET |
15 Dec 2023 | £299,194 | £290,000 | 2 GRANGE COURT |
6 Dec 2023 | £407,522 | £395,000 | 45 PORT HILL |
7 Aug 2023 | £1,578,469 | £1,550,000 | 12B CHAMBERS STREET |
4 Aug 2023 | £356,607 | £350,175 | 3 HARTHAM VILLAS |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 27 Jul 2011. Using an estimated price of £416,708 means this house is valued at £6,671 per sq meter (£619 per sq foot).
The average size of a house on PORT HILL is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grange Court |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grange Court |
Jun 2024 | Public order | Awaiting court outcome | On or near Grange Court |
May 2024 | Anti-social behaviour | On or near Grange Court | |
May 2024 | Anti-social behaviour | On or near Grange Court |