£696,644
This estimated value is based upon the latest sale price for the house of £707,000 on 7 Oct 2022. 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 |
|---|---|
| £707,000 | 7 Oct 2022 |
| £494,500 | 1 May 2015 |
| £484,995 | 30 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,616 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 October 2022 the House Price Index for HERTFORDSHIRE was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £707,000 results in an estimated price of approximately £696,644.
| 7 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £707,000 | £-10,355 | £696,644 |
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 | -14.283 % | £-100,980 | £606,019 |
| 3 Month Average | -26.305 % | £-185,977 | £521,022 |
| 6 Month Average | -9.497 % | £-67,145 | £639,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £460,000 | £460,000 | 89 CAVELL DRIVE |
| 22 Aug 2023 | £452,753 | £450,000 | 127 CAVELL DRIVE |
| 7 Oct 2022 | £696,644 | £707,000 | 59 CAVELL DRIVE |
| 12 Aug 2022 | £246,336 | £248,000 | 35 NIGHTINGALES |
| 1 Aug 2022 | £293,020 | £295,000 | 14 NIGHTINGALES |
This house has a floor area of 150 sq meters or 1,616 sq feet when measured on 5 Aug 2011. Using an estimated price of £696,644 means this house is valued at £4,637 per sq meter (£430 per sq foot).
The average size of a house on CAVELL DRIVE is 93 sq meters (1,002 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cavell Drive | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavell Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavell Drive |
| Jan 2024 | Anti-social behaviour | On or near Cavell Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cavell Drive |