£581,547
This estimated value is based upon the latest sale price for the house of £485,000 on 28 Aug 2020. 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 |
|---|---|
| £485,000 | 28 Aug 2020 |
| £286,000 | 27 Feb 2013 |
| £170,000 | 29 Jun 2001 |
| £64,500 | 7 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £485,000 results in an estimated price of approximately £581,547.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £485,000 | £96,547 | £581,547 |
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 | 19.626 % | £95,188 | £580,188 |
| 3 Month Average | -14.424 % | £-69,955 | £415,044 |
| 6 Month Average | -6.633 % | £-32,168 | £452,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £496,346 | £490,000 | 39 MOLEWOOD ROAD |
| 11 Aug 2023 | £508,952 | £504,500 | 59 WELLINGTON STREET |
| 2 Feb 2023 | £521,699 | £522,050 | 32 MOLEWOOD ROAD |
| 25 Aug 2022 | £483,698 | £485,000 | 9 WELLINGTON STREET |
| 22 Jul 2022 | £426,147 | £425,000 | 13 WELLINGTON STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 20 Sep 2012. Using an estimated price of £581,547 means this house is valued at £7,179 per sq meter (£667 per sq foot).
The average size of a house on WELLINGTON STREET is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Nelson Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fanshawe Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elton Road |
| Apr 2024 | Burglary | Under investigation | On or near Archers Close |