£551,851
This estimated value is based upon the latest sale price for the house of £249,500 on 12 Nov 2003. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near Cranwell Gardens
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
| Price Paid | Date |
|---|---|
| £249,500 | 12 Nov 2003 |
| Detached |
| Freehold |
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 November 2003 the House Price Index for HERTFORDSHIRE was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £249,500 results in an estimated price of approximately £551,851.
| 12 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £249,500 | £302,351 | £551,851 |
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 | 38.787 % | £96,773 | £346,273 |
| 3 Month Average | 74.061 % | £184,781 | £434,281 |
| 6 Month Average | 103.303 % | £257,740 | £507,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £286,148 | £282,489 | 163 HEATH ROW |
| 12 Sep 2023 | £498,372 | £492,000 | 19 CRANWELL GARDENS |
| 18 Jul 2023 | £684,209 | £675,000 | 7 FULTON CRESCENT |
| 31 Mar 2023 | £540,088 | £535,000 | 165 HEATH ROW |
| 15 Mar 2023 | £429,042 | £425,000 | 11 HURN GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cranwell Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Cranwell Gardens | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranwell Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cranwell Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hurn Grove |