£507,996
This estimated value is based upon the latest sale price for the house of £395,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
Price Paid | Date |
---|---|
£395,000 | 30 Sep 2019 |
£249,500 | 23 Dec 2002 |
Flats/Maisonettes |
Leasehold |
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 2019 the House Price Index for HERTFORDSHIRE was 81.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 28.607%.Applying this 28.607% change to the original purchase price of £395,000 results in an estimated price of approximately £507,996.
30 Sep 2019 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 104.3 | 28.607 % | £395,000 | £112,996 | £507,996 |
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 | 203.209 % | £802,673 | £1,197,673 |
3 Month Average | 6.753 % | £26,674 | £421,674 |
6 Month Average | 8.271 % | £32,668 | £427,668 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2025 | £547,397 | £539,000 | 1 SOUTHMILL ROAD |
15 Mar 2024 | £402,982 | £377,482 | 59 SOUTHMILL ROAD |
5 Mar 2024 | £288,240 | £270,000 | FLAT 21 SOUTHMILL COURT SOUTHMILL ROAD |
15 Dec 2023 | £375,953 | £350,000 | 31 RIVER VIEW |
4 Sep 2023 | £611,340 | £575,000 | 9 SOUTHMILL ROAD |