£420,140
This estimated value is based upon the latest sale price for the house of £249,000 on 1 Mar 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Mill Bridge, Hertford, SG14 1PY
Phone: 01992273618
| Price Paid | Date |
|---|---|
| £249,000 | 1 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 855 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 March 2012 the House Price Index for HERTFORDSHIRE was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £249,000 results in an estimated price of approximately £420,140.
| 1 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £249,000 | £171,140 | £420,140 |
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 | 42.093 % | £104,811 | £353,811 |
| 3 Month Average | 40.328 % | £100,415 | £349,415 |
| 6 Month Average | 60.485 % | £150,606 | £399,606 |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 29 Nov 2011.
The average size of a house on NEW ROAD is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Palmer Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Palmer Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Palmer Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mansfield Gardens |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Mansfield Gardens |