£862,144
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Guild House, Water Lane, Bishop's Stortford, CM23 2JZ
Phone: 01279956850
| Price Paid | Date |
|---|---|
| £260,000 | 23 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 2001 the House Price Index for HERTFORDSHIRE was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £260,000 results in an estimated price of approximately £862,144.
| 23 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £260,000 | £602,144 | £862,144 |
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 | 238.830 % | £620,957 | £880,957 |
| 3 Month Average | 135.707 % | £352,837 | £612,837 |
| 6 Month Average | 178.608 % | £464,381 | £724,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £283,480 | £281,000 | 40 CEDAR COURT RYE STREET |
| 11 Aug 2023 | £194,703 | £193,000 | 23 CEDAR COURT RYE STREET |
| 7 Jun 2023 | £179,676 | £177,500 | 68 CEDAR COURT RYE STREET |
| 19 Apr 2023 | £183,981 | £182,000 | 22 CEDAR COURT RYE STREET |
| 5 Apr 2023 | £212,286 | £210,000 | 43 CEDAR COURT RYE STREET |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 7 Dec 2012. Using an estimated price of £862,144 means this house is valued at £4,898 per sq meter (£455 per sq foot).
The average size of a house on GRANGE PARK is 165 sq meters (1,785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinelands |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pinelands |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pinelands |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinelands |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cedar Court |