£497,070
This estimated value is based upon the latest sale price for the house of £405,000 on 23 Oct 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Guild House, Water Lane, Bishop's Stortford, CM23 2JZ
Phone: 01279956850
| Price Paid | Date |
|---|---|
| £405,000 | 23 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £405,000 results in an estimated price of approximately £497,070.
| 23 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £405,000 | £92,070 | £497,070 |
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 | 41.568 % | £168,349 | £573,349 |
| 3 Month Average | -8.195 % | £-33,188 | £371,811 |
| 6 Month Average | 10.961 % | £44,392 | £449,392 |
| 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 |
| 17 Aug 2023 | £382,325 | £380,000 | 17 COLLINS CROSS |
| 22 Jun 2023 | £411,335 | £408,000 | 10 DENNY COURT |
| 9 Nov 2022 | £504,814 | £513,000 | 240 STANSTED ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 31 May 2018. Using an estimated price of £497,070 means this house is valued at £6,213 per sq meter (£577 per sq foot).
The average size of a house on STANSTED ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Taylors Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lea Grove |
| Mar 2024 | Anti-social behaviour | On or near Gatwick Close | |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Gatwick Close |