£2,622,194
This estimated value is based upon the latest sale price for the house of £1,850,000 on 28 Oct 2015. 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 |
|---|---|
| £1,850,000 | 28 Oct 2015 |
| Detached |
| Freehold |
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 October 2015 the House Price Index for HERTFORDSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £1,850,000 results in an estimated price of approximately £2,622,194.
| 28 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £1,850,000 | £772,194 | £2,622,194 |
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 | 0.175 % | £3,234 | £1,853,234 |
| 3 Month Average | 5.797 % | £107,250 | £1,957,250 |
| 6 Month Average | 14.302 % | £264,594 | £2,114,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £750,552 | £731,500 | 62 RIVERSHILL |
| 9 Nov 2023 | £595,106 | £580,000 | 17 RIVERSHILL |
| 30 Oct 2023 | £910,683 | £890,000 | 3 OLD SCHOOL ORCHARD |
| 11 Aug 2023 | £458,265 | £450,000 | 10 RECTORY LANE |
| 15 Mar 2023 | £322,384 | £317,000 | 7 WATTON HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Perrywood Lane | |
| May 2024 | Anti-social behaviour | On or near Perrywood Lane | |
| May 2024 | Anti-social behaviour | On or near Perrywood Lane | |
| Jul 2024 | Anti-social behaviour | On or near Ware Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ware Road |