£526,203
This estimated value is based upon the latest sale price for the house of £500,000 on 5 Jan 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near Cranwell Gardens
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
Price Paid | Date |
---|---|
£500,000 | 5 Jan 2022 |
£310,000 | 16 Dec 2013 |
Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £500,000 results in an estimated price of approximately £526,203.
5 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £500,000 | £26,203 | £526,203 |
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 | -56.023 % | £-280,116 | £219,883 |
3 Month Average | -22.619 % | £-113,096 | £386,903 |
6 Month Average | 2.021 % | £10,102 | £510,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £286,148 | £282,489 | 163 HEATH ROW |
12 Sep 2023 | £498,372 | £492,000 | 19 CRANWELL GARDENS |
31 Mar 2023 | £540,088 | £535,000 | 165 HEATH ROW |
15 Mar 2023 | £429,042 | £425,000 | 11 HURN GROVE |
23 Feb 2023 | £659,556 | £660,000 | 128 HEATH ROW |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Jul 2021. Using an estimated price of £526,204 means this house is valued at £5,979 per sq meter (£555 per sq foot).
The average size of a house on HEATH ROW is 99 sq meters (1,073 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Cranwell Gardens | |
Feb 2024 | Anti-social behaviour | On or near Cranwell Gardens | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranwell Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranwell Gardens |
Mar 2024 | Anti-social behaviour | On or near Hurn Grove |