£1,396,715
This estimated value is based upon the latest sale price for the house of £1,100,000 on 27 Jul 2017. 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 |
|---|---|
| £1,100,000 | 27 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,396,715.
| 27 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £1,100,000 | £296,715 | £1,396,715 |
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 | 6.226 % | £68,488 | £1,168,488 |
| 3 Month Average | -4.533 % | £-49,862 | £1,050,137 |
| 6 Month Average | 15.568 % | £171,249 | £1,271,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £643,258 | £635,000 | 17A GRANGE ROAD |
| 24 Aug 2023 | £774,711 | £770,000 | 4 HILLSIDE AVENUE |
| 30 Jun 2023 | £816,621 | £810,000 | 9 HILLSIDE AVENUE |
| 24 Feb 2023 | £372,239 | £374,000 | 5 GRANGE WALK |
| 29 Jul 2022 | £1,011,134 | £1,012,500 | 52 GRANGE ROAD |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 22 Mar 2017. Using an estimated price of £1,396,715 means this house is valued at £6,557 per sq meter (£609 per sq foot).
The average size of a house on GRANGE ROAD is 150 sq meters (1,623 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Walk |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Grange Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Walk |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Red Close |