£1,058,496
This estimated value is based upon the latest sale price for the house of £903,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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40 Castle Street, Hertford, SG14 1HH
Phone: 01992843790
| Price Paid | Date |
|---|---|
| £903,000 | 25 Sep 2020 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 September 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £903,000 results in an estimated price of approximately £1,058,496.
| 25 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £903,000 | £155,496 | £1,058,496 |
The Postcode Pricing Model uses changes in average sales price within the SG13 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 | -57.868 % | £-522,545 | £380,454 |
| 3 Month Average | -8.155 % | £-73,636 | £829,363 |
| 6 Month Average | 4.194 % | £37,870 | £940,870 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Aug 2020.
There is one other house on the street which we know the size of, this is 2 MORGANS CLOSE it is 161.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Morgan'S Road | |
| Feb 2024 | Anti-social behaviour | On or near Morgan'S Road | |
| Jan 2024 | Anti-social behaviour | On or near Morgan'S Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morgan'S Road |
| Jan 2024 | Anti-social behaviour | On or near Morgan'S Road |