£223,221
This estimated value is based upon the latest sale price for the house of £165,000 on 11 May 2016. 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 |
|---|---|
| £165,000 | 11 May 2016 |
| £135,000 | 14 Dec 2007 |
| £97,000 | 6 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 May 2016 the House Price Index for HERTFORDSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £165,000 results in an estimated price of approximately £223,221.
| 11 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £165,000 | £58,221 | £223,221 |
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 | 67.838 % | £111,932 | £276,932 |
| 3 Month Average | 21.397 % | £35,305 | £200,305 |
| 6 Month Average | 20.131 % | £33,216 | £198,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £235,990 | £230,000 | FLAT A JUBILEE COTTAGE, 37 LONDON ROAD |
| 13 Oct 2023 | £193,904 | £189,500 | FLAT 1 JUBILEE COTTAGE, 37 LONDON ROAD |
| 6 Apr 2023 | £407,624 | £400,000 | 55 LONDON ROAD |
| 31 Mar 2023 | £244,076 | £240,000 | 13D LONDON ROAD |
| 16 Jan 2023 | £325,871 | £325,000 | 15 LONDON ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 15 Oct 2015. Using an estimated price of £223,221 means this house is valued at £6,200 per sq meter (£576 per sq foot).
The average size of a house on LONDON ROAD is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |