£245,435
This estimated value is based upon the latest sale price for the house of £220,000 on 27 Aug 2021. 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 |
|---|---|
| £220,000 | 27 Aug 2021 |
| £123,000 | 12 Mar 2010 |
| £89,500 | 12 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2021 the House Price Index for HERTFORDSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £220,000 results in an estimated price of approximately £245,435.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £220,000 | £25,435 | £245,435 |
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 | -4.383 % | £-9,642 | £210,357 |
| 3 Month Average | -16.348 % | £-35,965 | £184,034 |
| 6 Month Average | -1.774 % | £-3,902 | £216,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £724,260 | £715,000 | 31 MAYFIELD PARK |
| 31 Jul 2023 | £197,660 | £195,000 | 6 RUSHLEIGH GREEN |
| 16 Jun 2023 | £323,924 | £320,000 | 28 RUSHLEIGH GREEN |
| 7 Nov 2022 | £580,469 | £587,500 | 1 THE RIDINGS |
| 13 Apr 2022 | £339,834 | £330,000 | 21 RUSHLEIGH GREEN |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 10 Jul 2020. Using an estimated price of £245,435 means this house is valued at £5,843 per sq meter (£542 per sq foot).
The average size of a house on RUSHLEIGH GREEN is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Grosvenor Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Grosvenor Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grosvenor Close |
| Jan 2024 | Burglary | Under investigation | On or near Mayfield Park |