£237,982
This estimated value is based upon the latest sale price for the house of £156,000 on 2 Aug 2014. 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 |
---|---|
£156,000 | 2 Aug 2014 |
£166,995 | 4 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £156,000 results in an estimated price of approximately £237,982.
2 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £156,000 | £81,982 | £237,982 |
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 | 48.580 % | £75,784 | £231,784 |
3 Month Average | 40.488 % | £63,161 | £219,161 |
6 Month Average | 51.066 % | £79,662 | £235,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £259,684 | £255,000 | 3 MALLARD COURT JOHN DYDE CLOSE |
4 Aug 2023 | £234,224 | £230,000 | 9 EIDER COURT JOHN DYDE CLOSE |
10 Mar 2023 | £264,416 | £260,000 | 33 MALLARD COURT JOHN DYDE CLOSE |
21 Feb 2023 | £284,400 | £282,500 | 40 SWALLOW COURT JOHN DYDE CLOSE |
1 Feb 2023 | £231,547 | £230,000 | 15 EIDER COURT JOHN DYDE CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 9 Jan 2019. Using an estimated price of £237,982 means this house is valued at £5,408 per sq meter (£502 per sq foot).
The average size of a house on JOHN DYDE CLOSE is 62 sq meters (671 sq feet).