£825,738
This estimated value is based upon the latest sale price for the house of £655,000 on 17 Nov 2017. 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 |
|---|---|
| £655,000 | 17 Nov 2017 |
| £319,995 | 26 Feb 2010 |
| £298,000 | 20 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2017 the House Price Index for HERTFORDSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £655,000 results in an estimated price of approximately £825,738.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £655,000 | £170,738 | £825,738 |
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 | -11.460 % | £-75,064 | £579,935 |
| 3 Month Average | -13.295 % | £-87,079 | £567,920 |
| 6 Month Average | 4.895 % | £32,059 | £687,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £430,504 | £425,000 | 9 BURNETT SQUARE |
| 28 Sep 2023 | £911,656 | £900,000 | 10 CARDE CLOSE |
| 9 Aug 2023 | £459,016 | £455,000 | 22 EDMUNDS ROAD |
| 24 Mar 2022 | £647,664 | £625,000 | FALLOWFIELD, 24 CARDE CLOSE |
| 18 Mar 2022 | £415,541 | £401,000 | 55 BENTLEY ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 6 Jun 2017. Using an estimated price of £825,738 means this house is valued at £5,396 per sq meter (£501 per sq foot).
The average size of a house on CARDE CLOSE is 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Close |
| Feb 2024 | Other theft | Under investigation | On or near Elizabeth Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norwood Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Close |
| Feb 2024 | Anti-social behaviour | On or near Norwood Close |