This estimated value is based upon the latest sale price for the house of £217,375 on 18 Aug 2005. 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
|£217,375||18 Aug 2005|
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 2005 the House Price Index for HERTFORDSHIRE was 81.1.The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 81.537%.
Applying this 81.537% change to the original purchase price of £217,375 results in an estimated price of approximately £394,615.
|18 Aug 2005||1 Apr 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
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||81.064 %||£176,212||£393,587|
|3 Month Average||78.492 %||£170,622||£387,997|
|6 Month Average||80.299 %||£174,550||£391,925|
|Date||Current Estimated Value||Price Paid||Address|
|7 Jan 2022||£299,518||£292,660||12 EDWARD HOUSE PEGS LANE|
|14 Oct 2021||£257,132||£241,000||2 PIMLICO COURT PEGS LANE|
|9 Jul 2021||£298,999||£265,000||14 PIMLICO COURT PEGS LANE|
|11 Dec 2020||£370,529||£326,000||27 EDWARD HOUSE PEGS LANE|
|4 Dec 2020||£340,921||£299,950||15 EDWARD HOUSE PEGS LANE|
|Apr 2022||Anti-social behaviour||On or near Castle Street|
|Mar 2022||Violence and sexual offences||Under investigation||On or near Castle Street|
|Apr 2022||Anti-social behaviour||On or near Peg'S Lane|
|Mar 2022||Anti-social behaviour||On or near Peg'S Lane|
|Mar 2022||Violence and sexual offences||Unable to prosecute suspect||On or near Peg'S Lane|
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