£475,877
This estimated value is based upon the latest sale price for the house of £385,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Cromwell Close
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21 North Street, Bishop's Stortford, CM23 2LD
Phone: 01279799091
| Price Paid | Date |
|---|---|
| £385,000 | 20 Sep 2019 |
| £272,500 | 29 Sep 2010 |
| £90,000 | 31 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 856 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 September 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £385,000 results in an estimated price of approximately £475,877.
| 20 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £385,000 | £90,877 | £475,877 |
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 | 17.114 % | £65,889 | £450,889 |
| 3 Month Average | 2.928 % | £11,274 | £396,274 |
| 6 Month Average | -3.014 % | £-11,602 | £373,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £833,000 | £833,000 | 19 KNIGHTS CLOSE |
| 18 Sep 2023 | £499,000 | £488,000 | 5 RICHMOND CLOSE |
| 13 Jul 2022 | £277,783 | £275,000 | 1 SQUIRES CLOSE |
| 1 Jun 2022 | £505,812 | £495,000 | 8 DUKES RIDE |
| 17 Mar 2022 | £811,658 | £777,500 | 1 CHEQUERS |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 13 Feb 2010. Using an estimated price of £475,878 means this house is valued at £5,979 per sq meter (£555 per sq foot).
The average size of a house on SQUIRES CLOSE is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Cromwell Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Woburn Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Woburn Avenue |