£888,854
This estimated value is based upon the latest sale price for the house of £305,000 on 31 May 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 The Wick
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6 Mill Bridge, Hertford, SG14 1PY
Phone: 01992273618
| Price Paid | Date |
|---|---|
| £305,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 286 sq meters or 3,084 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 May 2002 the House Price Index for HERTFORDSHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £305,000 results in an estimated price of approximately £888,854.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £305,000 | £583,854 | £888,854 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | 139.216 % | £424,609 | £729,609 |
| 3 Month Average | 134.157 % | £409,177 | £714,177 |
| 6 Month Average | 159.080 % | £485,193 | £790,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £279,068 | £275,500 | 49 BUCKWELLS FIELD |
| 28 Jul 2023 | £516,958 | £510,000 | 19 THE WICK |
| 14 Jul 2023 | £748,068 | £738,000 | 25 COWPER CRESCENT |
| 29 Jun 2023 | £769,319 | £760,000 | 64 THE WICK |
| 2 Jun 2023 | £516,253 | £510,000 | 20 DESBOROUGH CLOSE |
This house has a floor area of 286 sq meters or 3,084 sq feet when measured on 4 Sep 2011. Using an estimated price of £888,854 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on THE ORCHARD is 376 sq meters (4,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near The Wick |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sacombe Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Desborough Close |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Buckwells Field |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buckwells Field |