£275,560
This estimated value is based upon the latest sale price for the house of £149,000 on 29 May 2009. 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 |
|---|---|
| £149,000 | 29 May 2009 |
| £269,995 | 5 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 May 2009 the House Price Index for HERTFORDSHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £149,000 results in an estimated price of approximately £275,560.
| 29 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £149,000 | £126,560 | £275,560 |
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 | 22.364 % | £33,322 | £182,322 |
| 3 Month Average | 54.664 % | £81,449 | £230,449 |
| 6 Month Average | 87.782 % | £130,795 | £279,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £687,597 | £695,000 | 23 HAYMEADS LANE |
| 7 Oct 2022 | £699,469 | £707,000 | 59 CAVELL DRIVE |
| 20 May 2022 | £398,509 | £391,000 | 3 HIGHFIELD AVENUE |
| 22 Apr 2022 | £223,981 | £217,500 | 115 CAVELL DRIVE |
| 20 Apr 2022 | £293,493 | £285,000 | 112 CAVELL DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Mar 2019. Using an estimated price of £275,561 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on CAVELL DRIVE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Haymeads Lane | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haymeads Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haymeads Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haymeads Lane |
| Jan 2024 | Anti-social behaviour | On or near Cavell Drive |