£462,624
This estimated value is based upon the latest sale price for the house of £365,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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100 South Street, Stortford, CM23 3BG
Phone: 01279956919
| Price Paid | Date |
|---|---|
| £365,000 | 15 Sep 2017 |
| £30,000 | 12 Apr 2001 |
| £67,000 | 20 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £365,000 results in an estimated price of approximately £462,624.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £365,000 | £97,624 | £462,624 |
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 | -32.401 % | £-118,263 | £246,736 |
| 3 Month Average | -17.368 % | £-63,393 | £301,606 |
| 6 Month Average | 9.053 % | £33,045 | £398,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2022 | £451,215 | £450,000 | 25 GIBBS FIELD |
| 30 Sep 2021 | £210,131 | £195,000 | 66 GOODWIN STILE |
| 20 Sep 2021 | £701,513 | £651,000 | 24 YEOMANS CLOSE |
| 16 Jun 2021 | £184,543 | £172,000 | 56 GOODWIN STILE |
| 8 Dec 2020 | £366,121 | £319,000 | 69 GOODWIN STILE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 May 2014. Using an estimated price of £462,625 means this house is valued at £5,083 per sq meter (£472 per sq foot).
The average size of a house on GIBBS FIELD is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Lincoln Close |
| Dec 2023 | Anti-social behaviour | On or near The Coppice | |
| Dec 2023 | Anti-social behaviour | On or near The Coppice | |
| Dec 2023 | Anti-social behaviour | On or near The Coppice | |
| Dec 2023 | Anti-social behaviour | On or near The Coppice |