£633,215
This estimated value is based upon the latest sale price for the house of £525,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
The Guild House, Water Lane, Bishop's Stortford, CM23 2JZ
Phone: 01279956850
| Price Paid | Date |
|---|---|
| £525,000 | 30 Jun 2020 |
| £345,000 | 2 Apr 2009 |
| £298,000 | 20 Feb 2003 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £525,000 results in an estimated price of approximately £633,215.
| 30 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £525,000 | £108,215 | £633,215 |
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 | 34.296 % | £180,052 | £705,052 |
| 3 Month Average | -9.288 % | £-48,763 | £476,236 |
| 6 Month Average | 7.825 % | £41,082 | £566,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £489,256 | £480,000 | 244 STANSTED ROAD |
| 27 Nov 2023 | £379,877 | £375,000 | 7 COLLINS CROSS |
| 31 Aug 2023 | £890,415 | £885,000 | 11 OAKLANDS DRIVE |
| 17 Aug 2023 | £382,325 | £380,000 | 17 COLLINS CROSS |
| 9 Jun 2023 | £594,823 | £590,000 | 7 LEA CLOSE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 21 May 2019. Using an estimated price of £633,216 means this house is valued at £3,982 per sq meter (£369 per sq foot).
The average size of a house on LEA CLOSE is 148 sq meters (1,598 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea Grove |
| Apr 2024 | Anti-social behaviour | On or near Gatwick Close | |
| Apr 2024 | Anti-social behaviour | On or near Gatwick Close | |
| Mar 2024 | Anti-social behaviour | On or near Gatwick Close | |
| Mar 2024 | Anti-social behaviour | On or near Gatwick Close |