£344,632
This estimated value is based upon the latest sale price for the house of £198,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been three burglaries within the last year on or near Elm Grove
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
| Price Paid | Date |
|---|---|
| £198,000 | 30 Sep 2011 |
| £137,000 | 18 May 2002 |
| £64,995 | 7 Nov 1997 |
| £47,000 | 12 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 701 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 September 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £198,000 results in an estimated price of approximately £344,632.
| 30 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £198,000 | £146,632 | £344,632 |
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 | 49.560 % | £98,128 | £296,128 |
| 3 Month Average | 45.645 % | £90,376 | £288,376 |
| 6 Month Average | 57.493 % | £113,836 | £311,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £427,858 | £425,000 | 21 ELM GROVE |
| 15 Jun 2022 | £470,048 | £460,000 | 142 DUNMOW ROAD |
| 5 May 2022 | £564,712 | £550,000 | 112 DUNMOW ROAD |
| 26 Apr 2022 | £443,498 | £427,500 | 90 DUNMOW ROAD |
| 26 Apr 2022 | £663,950 | £640,000 | 67 DUNMOW ROAD |
This house has a floor area of 65 sq meters or 701 sq feet when measured on 24 Jan 2011. Using an estimated price of £344,632 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on DUNMOW ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Elm Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Grove |
| Oct 2024 | Burglary | Under investigation | On or near Elm Grove |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Elm Grove |