£440,360
This estimated value is based upon the latest sale price for the house of £317,500 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
| Price Paid | Date |
|---|---|
| £317,500 | 12 Nov 2015 |
| £353,000 | 11 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 810 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 November 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £317,500 results in an estimated price of approximately £440,360.
| 12 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £317,500 | £122,860 | £440,360 |
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 | 25.677 % | £81,525 | £399,025 |
| 3 Month Average | 13.461 % | £42,738 | £360,238 |
| 6 Month Average | 21.805 % | £69,231 | £386,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £499,449 | £490,000 | 24 THE HEDGEROWS |
| 22 Aug 2023 | £452,753 | £450,000 | 127 CAVELL DRIVE |
| 31 Mar 2023 | £427,310 | £425,000 | 5 CAVELL COURT |
| 10 Feb 2023 | £386,671 | £388,500 | 8 CAVELL COURT |
| 9 Sep 2022 | £419,893 | £425,000 | 67 DIMSDALE CRESCENT |
This house has a floor area of 75 sq meters or 810 sq feet when measured on 8 Oct 2008. Using an estimated price of £440,360 means this house is valued at £5,846 per sq meter (£543 per sq foot).
The average size of a house on CAVELL COURT is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cavell Court | |
| Mar 2024 | Anti-social behaviour | On or near Cavell Court | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Hedgerows |
| Feb 2024 | Other theft | Under investigation | On or near The Hedgerows |
| Feb 2024 | Drugs | Under investigation | On or near The Hedgerows |