£927,535
This estimated value is based upon the latest sale price for the house of £615,000 on 16 Oct 2014. 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 |
---|---|
£615,000 | 16 Oct 2014 |
£244,000 | 23 Jun 2000 |
£210,000 | 27 Nov 1998 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £615,000 results in an estimated price of approximately £927,535.
16 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £615,000 | £312,535 | £927,535 |
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 | 31.276 % | £192,350 | £807,350 |
3 Month Average | 42.238 % | £259,765 | £874,765 |
6 Month Average | 45.257 % | £278,330 | £893,330 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Sep 2024 | £385,000 | £385,000 | 166 BENGEO STREET |
8 Mar 2024 | £568,738 | £560,000 | 22 LODGE CLOSE |
10 Nov 2023 | £629,992 | £614,000 | 129 THE AVENUE |
18 Aug 2023 | £814,694 | £800,000 | 107 DUNCOMBE ROAD |
14 Nov 2022 | £711,672 | £715,000 | 21 LODGE CLOSE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 6 Jun 2014. Using an estimated price of £927,536 means this house is valued at £6,531 per sq meter (£606 per sq foot).
The average size of a house on LODGE CLOSE is 136 sq meters (1,471 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Duncombe Close |
Sep 2024 | Drugs | Under investigation | On or near Palmer Close |
Aug 2024 | Anti-social behaviour | On or near Palmer Close | |
Aug 2024 | Anti-social behaviour | On or near Palmer Close | |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Grove Walk |