£468,015
This estimated value is based upon the latest sale price for the house of £433,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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1 Bell Street, Sawbridgeworth, CM21 9AR
Phone: 01279246656
| Price Paid | Date |
|---|---|
| £433,000 | 30 Jun 2021 |
| £412,500 | 24 May 2019 |
| £319,950 | 21 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £433,000 results in an estimated price of approximately £468,015.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £433,000 | £35,015 | £468,015 |
The Postcode Pricing Model uses changes in average sales price within the CM21 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 | -15.513 % | £-67,169 | £365,830 |
| 3 Month Average | -6.682 % | £-28,933 | £404,066 |
| 6 Month Average | -18.049 % | £-78,151 | £354,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £340,000 | £340,000 | 63 CAMBRIDGE ROAD |
| 14 Dec 2023 | £348,715 | £338,000 | 80 CAMBRIDGE ROAD |
| 24 Nov 2023 | £410,418 | £400,000 | 84 CAMBRIDGE ROAD |
| 25 Aug 2023 | £397,163 | £390,000 | 72 CAMBRIDGE ROAD |
| 24 Feb 2023 | £377,522 | £375,000 | 92 CAMBRIDGE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Nov 2012. Using an estimated price of £468,015 means this house is valued at £6,000 per sq meter (£557 per sq foot).
The average size of a house on SCHOOL LANE is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near School Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near School Lane |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |