£949,091
This estimated value is based upon the latest sale price for the house of £925,000 on 7 Nov 2023. 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 |
|---|---|
| £925,000 | 7 Nov 2023 |
| £450,000 | 21 Jul 2006 |
| £127,000 | 21 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,286 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 November 2023 the House Price Index for HERTFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £925,000 results in an estimated price of approximately £949,091.
| 7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £925,000 | £24,091 | £949,091 |
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 | -23.613 % | £-218,416 | £706,583 |
| 3 Month Average | -11.249 % | £-104,048 | £820,951 |
| 6 Month Average | -3.363 % | £-31,109 | £893,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2024 | £460,000 | £460,000 | 6 ASCOT CLOSE |
| 1 Aug 2024 | £580,000 | £580,000 | 34 MANSTON DRIVE |
| 1 Mar 2024 | £355,461 | £350,000 | 33 ASCOT CLOSE |
| 7 Nov 2023 | £949,092 | £925,000 | 34 PARSONAGE LANE |
| 28 Sep 2023 | £715,779 | £700,000 | 81 ROCHFORD ROAD |
This house has a floor area of 119 sq meters or 1,286 sq feet when measured on 1 Aug 2011. Using an estimated price of £949,092 means this house is valued at £7,942 per sq meter (£737 per sq foot).
The average size of a house on PARSONAGE LANE is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parsonage Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Plaw Hatch Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plaw Hatch Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Plaw Hatch Close |
| Oct 2024 | Anti-social behaviour | On or near Plaw Hatch Close |