£644,327
This estimated value is based upon the latest sale price for the house of £525,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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21 North Street, Bishop's Stortford, CM23 2LD
Phone: 01279799091
| Price Paid | Date |
|---|---|
| £525,000 | 5 Nov 2018 |
| £215,000 | 9 Apr 2001 |
| £157,995 | 30 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £525,000 results in an estimated price of approximately £644,327.
| 5 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £525,000 | £119,327 | £644,327 |
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 | 26.259 % | £137,857 | £662,857 |
| 3 Month Average | -13.903 % | £-72,993 | £452,006 |
| 6 Month Average | 5.978 % | £31,382 | £556,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £618,349 | £612,500 | 57 MARGUERITE WAY |
| 20 Feb 2023 | £419,516 | £421,500 | 28 MARGUERITE WAY |
| 31 Jan 2023 | £845,077 | £852,500 | 1 MARGUERITE WAY |
| 12 Jan 2023 | £594,776 | £600,000 | 15 MARGUERITE WAY |
| 16 Jun 2022 | £535,427 | £530,000 | 42 MARGUERITE WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 Aug 2018. Using an estimated price of £644,327 means this house is valued at £6,021 per sq meter (£559 per sq foot).
The average size of a house on MARGUERITE WAY is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Marguerite Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marguerite Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Foxglove Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Honeysuckle Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Brambles |