£496,372
This estimated value is based upon the latest sale price for the house of £425,000 on 11 Nov 2020. 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 |
|---|---|
| £425,000 | 11 Nov 2020 |
| £372,000 | 29 May 2015 |
| £276,000 | 16 Sep 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £425,000 results in an estimated price of approximately £496,372.
| 11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £425,000 | £71,372 | £496,372 |
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 | 2.382 % | £10,123 | £435,123 |
| 3 Month Average | -0.112 % | £-476 | £424,523 |
| 6 Month Average | 2.797 % | £11,885 | £436,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2024 | £390,000 | £390,000 | 1 PARSONAGE LANE |
| 29 Oct 2024 | £475,000 | £475,000 | 9 BISHOP GRAY RISE |
| 29 Sep 2023 | £562,398 | £550,000 | 18 HEATH ROW |
| 26 Jun 2023 | £444,916 | £436,000 | 53 HEATH ROW |
| 5 Jun 2023 | £502,061 | £492,000 | HILL HOUSE, 1A PARSONAGE LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 3 Mar 2020. Using an estimated price of £496,373 means this house is valued at £5,065 per sq meter (£470 per sq foot).
The average size of a house on BISHOP GRAY RISE is 146 sq meters (1,576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Boyd Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Boyd Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Boyd Close |
| Oct 2024 | Anti-social behaviour | On or near Boyd Close |