£454,554
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Jul 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Old Post Office, 4 Church Street, Sawbridgeworth, CM21 9AB
Phone: 01279246649
| Price Paid | Date |
|---|---|
| £450,000 | 20 Jul 2022 |
| £395,000 | 2 Nov 2015 |
| £350,000 | 24 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £450,000 results in an estimated price of approximately £454,554.
| 20 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £450,000 | £4,554 | £454,554 |
The Postcode Pricing Model uses changes in average sales price within the CM21 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 | -41.481 % | £-186,662 | £263,337 |
| 3 Month Average | -26.603 % | £-119,712 | £330,287 |
| 6 Month Average | -11.238 % | £-50,572 | £399,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £322,100 | £315,000 | 78 STATION ROAD |
| 20 Jul 2022 | £434,352 | £430,000 | 96 STATION ROAD |
| 20 Jul 2022 | £454,555 | £450,000 | 13 BURTONS MILL MILL LANE |
| 20 Jul 2022 | £570,719 | £565,000 | 48 LEAT CLOSE |
| 6 May 2022 | £408,133 | £397,500 | 33 BURTONS MILL MILL LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 20 May 2010. Using an estimated price of £454,555 means this house is valued at £5,980 per sq meter (£555 per sq foot).
The average size of a house on MILL LANE is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leat Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leat Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Knight Street |
| May 2024 | Anti-social behaviour | On or near Saffron Crescent | |
| May 2024 | Anti-social behaviour | On or near Saffron Crescent |