£1,018,120
This estimated value is based upon the latest sale price for the house of £1,025,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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21 North Street, Bishop's Stortford, CM23 2LD
Phone: 01279799091
| Price Paid | Date |
|---|---|
| £1,025,000 | 31 Aug 2022 |
| £475,000 | 5 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,272 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 2022 the House Price Index for HERTFORDSHIRE was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £1,025,000 results in an estimated price of approximately £1,018,120.
| 31 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £1,025,000 | £-6,879 | £1,018,120 |
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 | -22.602 % | £-231,675 | £793,324 |
| 3 Month Average | -25.774 % | £-264,179 | £760,820 |
| 6 Month Average | -8.284 % | £-84,907 | £940,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £557,153 | £550,000 | 5 THE RESIDENCE, 116 HADHAM ROAD |
| 7 Jul 2023 | £287,722 | £285,000 | FLAT 19 SPRINGFIELD COURT HADHAM ROAD |
| 14 Apr 2023 | £282,097 | £280,000 | FLAT 12 SPRINGFIELD COURT HADHAM ROAD |
| 31 Aug 2022 | £1,018,121 | £1,025,000 | 13 GRAILANDS |
| 15 Jul 2022 | £215,209 | £215,500 | FLAT 15 SPRINGFIELD COURT HADHAM ROAD |
This house has a floor area of 118 sq meters or 1,272 sq feet when measured on 16 Jul 2009. Using an estimated price of £1,018,121 means this house is valued at £8,615 per sq meter (£800 per sq foot).
The average size of a house on GRAILANDS is 215 sq meters (2,314 sq feet).
This house is the smallest in the street with a floor area of 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Grailands | |
| Mar 2024 | Anti-social behaviour | On or near Grailands | |
| Mar 2024 | Anti-social behaviour | On or near Grailands | |
| Mar 2024 | Anti-social behaviour | On or near Grailands | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Willow Close |