£393,956
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 The Pavillion, High Street, Hoddesdon, EN11 8UD
Phone: 01992843741
| Price Paid | Date |
|---|---|
| £280,000 | 30 Oct 2015 |
| £186,995 | 9 Feb 2005 |
| £122,500 | 29 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2015 the House Price Index for HERTFORDSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £280,000 results in an estimated price of approximately £393,956.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £280,000 | £113,956 | £393,956 |
The Postcode Pricing Model uses changes in average sales price within the EN11 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 | 69.714 % | £195,199 | £475,199 |
| 3 Month Average | 17.364 % | £48,619 | £328,619 |
| 6 Month Average | 33.565 % | £93,981 | £373,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £214,599 | £212,000 | 40 MALTSTERS LODGE VILLAGE CLOSE |
| 28 Apr 2023 | £239,580 | £237,000 | 63 LEASIDE LODGE VILLAGE CLOSE |
| 18 Jul 2022 | £230,621 | £230,000 | FLAT 15 TEALE HOUSE COLTHURST GARDENS |
| 19 Oct 2021 | £448,124 | £405,000 | 9 VILLAGE CLOSE |
| 3 Sep 2021 | £495,693 | £460,000 | 7 VILLAGE CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 May 2015. Using an estimated price of £393,957 means this house is valued at £4,924 per sq meter (£457 per sq foot).
The average size of a house on VILLAGE CLOSE is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Village Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Village Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Village Close |
| Apr 2024 | Anti-social behaviour | On or near Village Close | |
| Apr 2024 | Anti-social behaviour | On or near Village Close |