£978,791
This estimated value is based upon the latest sale price for the house of £675,000 on 24 Jul 2015. 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 |
|---|---|
| £675,000 | 24 Jul 2015 |
| £247,500 | 7 Jan 2000 |
| £184,950 | 14 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 July 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £675,000 results in an estimated price of approximately £978,791.
| 24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £675,000 | £303,791 | £978,791 |
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 | 25.292 % | £170,722 | £845,722 |
| 3 Month Average | 26.156 % | £176,552 | £851,552 |
| 6 Month Average | 40.976 % | £276,585 | £951,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £755,722 | £732,500 | 7 LARKSPUR CLOSE |
| 17 Aug 2023 | £745,954 | £732,500 | 2 LARKSPUR CLOSE |
| 16 Jun 2023 | £622,474 | £610,000 | 7 CHENIES GREEN |
| 14 Jun 2023 | £538,798 | £528,000 | 3 CHENIES GREEN |
| 24 Mar 2023 | £728,452 | £716,287 | 1 LAVENDER CLOSE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 7 Jul 2016. Using an estimated price of £978,791 means this house is valued at £6,569 per sq meter (£610 per sq foot).
The average size of a house on MONKSWOOD DRIVE is 140 sq meters (1,510 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Long Meadow |
| Aug 2024 | Drugs | Local resolution | On or near Bylands Close |
| Oct 2024 | Anti-social behaviour | On or near Herald Close | |
| Aug 2024 | Anti-social behaviour | On or near Herald Close | |
| Aug 2024 | Anti-social behaviour | On or near Herald Close |