£247,973
This estimated value is based upon the latest sale price for the house of £124,500 on 18 Jun 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Po Box 86, EN11 8GB
Phone: 01992800571
| Price Paid | Date |
|---|---|
| £124,500 | 18 Jun 2004 |
| £42,500 | 1 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2004 the House Price Index for HERTFORDSHIRE was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £124,500 results in an estimated price of approximately £247,973.
| 18 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £124,500 | £123,473 | £247,973 |
The Postcode Pricing Model uses changes in average sales price within the EN11 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 | 62.951 % | £78,374 | £202,874 |
| 3 Month Average | 96.905 % | £120,647 | £245,147 |
| 6 Month Average | 109.681 % | £136,553 | £261,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £190,000 | £190,000 | 121 LAMPITS |
| 2 Oct 2023 | £204,648 | £200,000 | 191 LAMPITS |
| 29 Sep 2023 | £235,184 | £230,000 | 255 LAMPITS |
| 18 Aug 2023 | £208,765 | £205,000 | 245 LAMPITS |
| 8 Jun 2023 | £231,642 | £227,000 | 143 LAMPITS |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 5 May 2015. Using an estimated price of £247,973 means this house is valued at £5,510 per sq meter (£511 per sq foot).
The average size of a house on LAMPITS is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near The Lynch | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Lynch |
| Oct 2024 | Anti-social behaviour | On or near The Lynch | |
| Aug 2024 | Vehicle crime | Under investigation | On or near The Lynch |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Lynch |