£467,338
This estimated value is based upon the latest sale price for the house of £400,000 on 23 Oct 2020. 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 |
---|---|
£400,000 | 23 Oct 2020 |
£385,000 | 19 Jan 2016 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 October 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £400,000 results in an estimated price of approximately £467,338.
23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £400,000 | £67,338 | £467,338 |
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 | -30.957 % | £-123,829 | £276,170 |
3 Month Average | -16.548 % | £-66,192 | £333,807 |
6 Month Average | -4.638 % | £-18,550 | £381,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £400,000 | £400,000 | 32 BURNETT SQUARE |
27 Mar 2024 | £418,414 | £417,000 | 62 BENTLEY ROAD |
4 Mar 2024 | £270,915 | £270,000 | 64 BENTLEY ROAD |
24 Aug 2023 | £313,154 | £311,250 | 40A BURNETT SQUARE |
9 Aug 2023 | £457,784 | £455,000 | 22 EDMUNDS ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Feb 2020. Using an estimated price of £467,339 means this house is valued at £5,498 per sq meter (£510 per sq foot).
The average size of a house on NORWOOD CLOSE is 79 sq meters (851 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Norwood Close |
Apr 2024 | Anti-social behaviour | On or near Norwood Close | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Norwood Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norwood Close |
Feb 2024 | Anti-social behaviour | On or near Norwood Close |