£280,404
This estimated value is based upon the latest sale price for the house of £227,500 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Po Box 86, EN11 8GB
Phone: 01992800571
Price Paid | Date |
---|---|
£227,500 | 10 Feb 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £227,500 results in an estimated price of approximately £280,404.
10 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £227,500 | £52,904 | £280,404 |
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 | -18.982 % | £-43,183 | £184,316 |
3 Month Average | -5.551 % | £-12,628 | £214,871 |
6 Month Average | 9.487 % | £21,583 | £249,083 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £226,974 | £220,000 | 37 LAMPITS |
13 Nov 2023 | £415,548 | £405,000 | 5 PARROTTS FIELD |
13 Oct 2023 | £188,276 | £184,000 | 30 PARROTTS FIELD |
29 Sep 2023 | £235,184 | £230,000 | 255 LAMPITS |
21 Aug 2023 | £351,337 | £345,000 | 16 LAMPITS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 9 Jul 2018. Using an estimated price of £280,404 means this house is valued at £5,841 per sq meter (£542 per sq foot).
The average size of a house on LAMPITS is 66 sq meters (712 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |