£421,968
This estimated value is based upon the latest sale price for the house of £141,250 on 15 Apr 2002. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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40 Castle Street, Hertford, SG14 1HH
Phone: 01992843790
| Price Paid | Date |
|---|---|
| £141,250 | 15 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 525 sq meters or 5,651 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 April 2002 the House Price Index for HERTFORDSHIRE was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £141,250 results in an estimated price of approximately £421,968.
| 15 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £141,250 | £280,718 | £421,968 |
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 | 118.334 % | £167,147 | £308,397 |
| 3 Month Average | 138.782 % | £196,029 | £337,279 |
| 6 Month Average | 156.172 % | £220,593 | £361,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £293,756 | £290,000 | 8 MAPLE LODGE RIVERSMEET |
| 25 Aug 2023 | £343,001 | £340,000 | FLAT 7 43 NORTH ROAD |
| 17 Aug 2023 | £302,648 | £300,000 | 7 RIVERSMEET |
| 20 Jul 2023 | £285,847 | £282,000 | FLAT 4 THE LIMES NORTH ROAD |
| 15 Feb 2023 | £358,759 | £359,000 | 26 HERTINGFORDBURY ROAD |
This house has a floor area of 525 sq meters or 5,651 sq feet when measured on 6 Mar 2019. Using an estimated price of £421,968 means this house is valued at £803 per sq meter (£74 per sq foot).
The average size of a house on RIVERSMEET is 90 sq meters (977 sq feet).
This house is the largest in the street with a floor area of 525 sq meters (5,651 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cross Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riversmeet |
| Mar 2024 | Public order | Under investigation | On or near Swallow Court |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |