£516,173
This estimated value is based upon the latest sale price for the house of £418,000 on 27 Sep 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 |
|---|---|
| £418,000 | 27 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,341 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £418,000 results in an estimated price of approximately £516,173.
| 27 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £418,000 | £98,173 | £516,173 |
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 | -18.379 % | £-76,822 | £341,177 |
| 3 Month Average | -17.477 % | £-73,054 | £344,945 |
| 6 Month Average | -0.538 % | £-2,247 | £415,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £549,616 | £540,000 | 50 RIVERSMEET |
| 21 Sep 2023 | £293,756 | £290,000 | 8 MAPLE LODGE RIVERSMEET |
| 25 Aug 2023 | £343,001 | £340,000 | FLAT 7 43 NORTH ROAD |
| 17 Aug 2023 | £302,648 | £300,000 | 7 RIVERSMEET |
| 15 Feb 2023 | £358,759 | £359,000 | 26 HERTINGFORDBURY ROAD |
This house has a floor area of 124 sq meters or 1,341 sq feet when measured on 12 Mar 2010. Using an estimated price of £516,174 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on RIVERSMEET is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riversmeet |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |