£747,563
This estimated value is based upon the latest sale price for the house of £575,000 on 28 Feb 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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115 Fore Street, Hertford, SG14 1AS
Phone: 01992843868
| Price Paid | Date |
|---|---|
| £575,000 | 28 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 February 2017 the House Price Index for HERTFORDSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £575,000 results in an estimated price of approximately £747,563.
| 28 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £575,000 | £172,563 | £747,563 |
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 | -14.291 % | £-82,172 | £492,827 |
| 3 Month Average | 6.000 % | £34,501 | £609,501 |
| 6 Month Average | 15.037 % | £86,462 | £661,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £790,097 | £779,995 | 14 RIB VALE |
| 11 Sep 2023 | £952,175 | £940,000 | 24 WATERMILL LANE |
| 26 Jul 2023 | £456,139 | £450,000 | 59A REVELS ROAD |
| 26 Jul 2023 | £832,606 | £821,400 | 16 WATERMILL LANE |
| 3 Jul 2023 | £263,547 | £260,000 | 22 TEMPLE COURT |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Jun 2016. Using an estimated price of £747,563 means this house is valued at £7,787 per sq meter (£723 per sq foot).
The average size of a house on RIB VALE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Temple Fields |
| Jan 2024 | Anti-social behaviour | On or near Temple Fields | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Temple Fields |
| Jan 2024 | Anti-social behaviour | On or near Temple Fields | |
| Jan 2024 | Anti-social behaviour | On or near Temple Fields |