£329,436
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Richmond Close
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Unit 1 First Floor, High Oak Business Centre, Gentlemens Fields, Ware, SG12 0EF
Phone: 01920481130
| Price Paid | Date |
|---|---|
| £130,000 | 29 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2002 the House Price Index for HERTFORDSHIRE was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £130,000 results in an estimated price of approximately £329,436.
| 29 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 146.7 | 153.413 % | £130,000 | £199,436 | £329,436 |
The Postcode Pricing Model uses changes in average sales price within the SG12 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 | 242.820 % | £315,665 | £445,665 |
| 3 Month Average | 105.873 % | £137,635 | £267,635 |
| 6 Month Average | 110.745 % | £143,968 | £273,968 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Oct 2019.
The average size of a house on RICHMOND CLOSE is 105 sq meters (1,139 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Richmond Close | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Close |
| Mar 2024 | Public order | Under investigation | On or near Westmill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Westmill Road |
| Mar 2024 | Anti-social behaviour | On or near A602 |