£463,611
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 The Pavillion, High Street, Hoddesdon, EN11 8UD
Phone: 01992843741
| Price Paid | Date |
|---|---|
| £350,000 | 28 Oct 2016 |
| £205,000 | 31 May 2005 |
| £128,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £350,000 results in an estimated price of approximately £463,611.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £350,000 | £113,611 | £463,611 |
The Postcode Pricing Model uses changes in average sales price within the EN11 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 | 35.366 % | £123,781 | £473,781 |
| 3 Month Average | 8.186 % | £28,650 | £378,650 |
| 6 Month Average | 19.136 % | £66,977 | £416,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £214,599 | £212,000 | 40 MALTSTERS LODGE VILLAGE CLOSE |
| 28 Apr 2023 | £239,580 | £237,000 | 63 LEASIDE LODGE VILLAGE CLOSE |
| 18 Jul 2022 | £230,621 | £230,000 | FLAT 15 TEALE HOUSE COLTHURST GARDENS |
| 19 Oct 2021 | £448,124 | £405,000 | 9 VILLAGE CLOSE |
| 3 Sep 2021 | £495,693 | £460,000 | 7 VILLAGE CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 5 Jan 2017. Using an estimated price of £463,612 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on VILLAGE CLOSE is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Village Close | |
| Feb 2024 | Anti-social behaviour | On or near Village Close | |
| Jan 2024 | Anti-social behaviour | On or near Village Close | |
| Jan 2024 | Anti-social behaviour | On or near Village Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Village Close |