£454,375
This estimated value is based upon the latest sale price for the house of £369,000 on 1 May 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Mill Bridge, Hertford, SG14 1PY
Phone: 01992273618
| Price Paid | Date |
|---|---|
| £369,000 | 1 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £369,000 results in an estimated price of approximately £454,375.
| 1 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £369,000 | £85,375 | £454,375 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | 6.348 % | £23,424 | £392,424 |
| 3 Month Average | 3.945 % | £14,556 | £383,556 |
| 6 Month Average | 14.766 % | £54,485 | £423,485 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Aug 2017.
There is one other house on the street which we know the size of, this is 26 PALMER CLOSE it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Palmer Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palmer Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Palmer Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grove Walk |