£272,378
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Jan 1999. 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 |
|---|---|
| £60,000 | 8 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 1999 the House Price Index for HERTFORDSHIRE was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £60,000 results in an estimated price of approximately £272,378.
| 8 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £60,000 | £212,378 | £272,378 |
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 | 173.648 % | £104,188 | £164,188 |
| 3 Month Average | 228.904 % | £137,342 | £197,342 |
| 6 Month Average | 304.810 % | £182,885 | £242,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £233,456 | £230,000 | FLAT A JUBILEE COTTAGE, 37 LONDON ROAD |
| 6 Apr 2023 | £404,354 | £400,000 | 55 LONDON ROAD |
| 31 Mar 2023 | £242,283 | £240,000 | 13 LONDON ROAD |
| 16 Jan 2023 | £393,148 | £395,000 | 71 LONDON ROAD |
| 16 Jan 2023 | £323,476 | £325,000 | 15 LONDON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Jan 2020. Using an estimated price of £272,378 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on LONDON ROAD is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A1184 |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |