£1,493,473
This estimated value is based upon the latest sale price for the house of £870,000 on 24 Aug 2006. 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 |
|---|---|
| £870,000 | 24 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 256 sq meters or 2,755 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 August 2006 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £870,000 results in an estimated price of approximately £1,493,473.
| 24 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £870,000 | £623,473 | £1,493,473 |
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 | 26.983 % | £234,753 | £1,104,753 |
| 3 Month Average | 40.526 % | £352,574 | £1,222,574 |
| 6 Month Average | 63.561 % | £552,982 | £1,422,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £564,942 | £560,000 | 102 COWPER CRESCENT |
| 5 May 2022 | £835,748 | £820,000 | 138 COWPER CRESCENT |
| 25 Feb 2022 | £702,625 | £670,000 | 96 COWPER CRESCENT |
| 21 Sep 2021 | £902,484 | £837,500 | 90 COWPER CRESCENT |
| 30 Nov 2020 | £1,170,078 | £1,009,250 | MOLE END HIGH MOLEWOOD |
This house has a floor area of 256 sq meters or 2,755 sq feet when measured on 25 Jul 2016. Using an estimated price of £1,493,473 means this house is valued at £5,833 per sq meter (£541 per sq foot).
The average size of a house on HIGH MOLEWOOD is 290 sq meters (3,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Great Molewood |
| Apr 2024 | Anti-social behaviour | On or near Cumberland Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peel Crescent |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Desborough Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Desborough Close |