£272,565
This estimated value is based upon the latest sale price for the house of £258,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Cromwell Close
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21 North Street, Bishop's Stortford, CM23 2LD
Phone: 01279799091
| Price Paid | Date |
|---|---|
| £258,000 | 18 Feb 2022 |
| £153,000 | 21 Dec 2006 |
| £78,500 | 7 Apr 2000 |
| £53,500 | 5 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £258,000 results in an estimated price of approximately £272,565.
| 18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £258,000 | £14,565 | £272,565 |
The Postcode Pricing Model uses changes in average sales price within the CM23 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 | 17.855 % | £46,064 | £304,064 |
| 3 Month Average | 8.707 % | £22,463 | £280,463 |
| 6 Month Average | -9.637 % | £-24,864 | £233,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2022 | £441,436 | £432,000 | 40 DUKES RIDE |
| 1 Jun 2022 | £505,812 | £495,000 | 8 DUKES RIDE |
| 18 Feb 2022 | £272,566 | £258,000 | 1 CROMWELL CLOSE |
| 15 Dec 2021 | £324,872 | £301,000 | 37 DUKES RIDE |
| 30 Sep 2021 | £721,904 | £665,000 | 15 DUKES RIDE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Jan 2020. Using an estimated price of £272,566 means this house is valued at £6,489 per sq meter (£602 per sq foot).
The average size of a house on CROMWELL CLOSE is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Woburn Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |