£838,131
This estimated value is based upon the latest sale price for the house of £680,000 on 28 Feb 2020. 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 |
|---|---|
| £680,000 | 28 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £680,000 results in an estimated price of approximately £838,131.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £680,000 | £158,131 | £838,131 |
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 | 45.245 % | £307,669 | £987,669 |
| 3 Month Average | 12.555 % | £85,375 | £765,375 |
| 6 Month Average | 23.157 % | £157,466 | £837,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £590,000 | £590,000 | 7 SOUTH BROOK |
| 17 Nov 2023 | £666,929 | £650,000 | 2 SOUTH BROOK |
| 23 Oct 2023 | £598,595 | £585,000 | 2 EAST PARK |
| 9 Oct 2023 | £608,828 | £595,000 | 38 GREENSTEAD |
| 13 Sep 2023 | £655,449 | £641,000 | 36 EAST PARK |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 24 Sep 2019. Using an estimated price of £838,132 means this house is valued at £6,117 per sq meter (£568 per sq foot).
The average size of a house on SPRINGHALL LANE is 221 sq meters (2,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbrook |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Drive |
| Jun 2024 | Anti-social behaviour | On or near East Drive | |
| Jun 2024 | Anti-social behaviour | On or near East Drive | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cedar Close |