£509,889
This estimated value is based upon the latest sale price for the house of £345,000 on 26 Feb 2015. 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 |
---|---|
£345,000 | 26 Feb 2015 |
£250,000 | 10 Jul 2008 |
Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2015 the House Price Index for HERTFORDSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £345,000 results in an estimated price of approximately £509,889.
26 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £345,000 | £164,889 | £509,889 |
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 | 7.657 % | £26,418 | £371,418 |
3 Month Average | 20.932 % | £72,213 | £417,213 |
6 Month Average | 39.838 % | £137,439 | £482,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £453,971 | £450,000 | 114 CANNONS CLOSE |
26 Jul 2023 | £542,299 | £535,000 | 55 CANNONS CLOSE |
19 Aug 2022 | £498,658 | £500,000 | 147 CANNONS CLOSE |
28 Jul 2022 | £599,113 | £597,500 | 145 CANNONS CLOSE |
6 May 2022 | £461,190 | £452,500 | 77 CANNONS CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Oct 2014. Using an estimated price of £509,890 means this house is valued at £7,284 per sq meter (£676 per sq foot).
The average size of a house on CANNONS CLOSE is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Millcroft |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea Grove |
Jan 2024 | Anti-social behaviour | On or near Legions Way | |
Jan 2024 | Anti-social behaviour | On or near Legions Way |