£494,507
This estimated value is based upon the latest sale price for the house of £290,500 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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100 South Street, Stortford, CM23 3BG
Phone: 01279956919
| Price Paid | Date |
|---|---|
| £290,500 | 22 Mar 2012 |
| £300,000 | 11 Feb 2008 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,145 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 Apr 2024 is 148.0 which is a change of 70.226%.Applying this 70.226% change to the original purchase price of £290,500 results in an estimated price of approximately £494,507.
| 22 Mar 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.0 | 70.226 % | £290,500 | £204,007 | £494,507 |
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 | 108.181 % | £314,264 | £604,764 |
| 3 Month Average | 39.706 % | £115,346 | £405,846 |
| 6 Month Average | 59.327 % | £172,344 | £462,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £201,635 | £200,000 | 9 ASHDALE |
| 24 Feb 2023 | £243,847 | £245,000 | 50 THE RIDINGS |
| 7 Nov 2022 | £578,125 | £587,500 | 1 THE RIDINGS |
| 29 Apr 2022 | £364,103 | £355,000 | 88 ASHDALE |
| 3 Dec 2021 | £368,133 | £345,000 | 23A ASHDALE |
This house has a floor area of 106 sq meters or 1,145 sq feet when measured on 6 Oct 2011. Using an estimated price of £494,507 means this house is valued at £4,646 per sq meter (£431 per sq foot).
The average size of a house on THE RIDINGS is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Ridings |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Ridings |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Ridings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridings |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridings |