£348,669
This estimated value is based upon the latest sale price for the house of £204,000 on 16 Mar 2012. 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 |
|---|---|
| £204,000 | 16 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2012 the House Price Index for HERTFORDSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £204,000 results in an estimated price of approximately £348,669.
| 16 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £204,000 | £144,669 | £348,669 |
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 | 10.913 % | £22,263 | £226,263 |
| 3 Month Average | 34.723 % | £70,835 | £274,835 |
| 6 Month Average | 58.780 % | £119,911 | £323,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £400,000 | £400,000 | 10A SNOWLEY PARADE |
| 29 Sep 2023 | £557,123 | £550,000 | 18 HEATH ROW |
| 17 Aug 2023 | £45,397 | £45,000 | 6A SNOWLEY PARADE |
| 28 Jul 2023 | £638,595 | £630,000 | 15 ORCHARD ROAD |
| 26 Jun 2023 | £441,346 | £436,000 | 53 HEATH ROW |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Feb 2014. Using an estimated price of £348,669 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on HEATH ROW is 99 sq meters (1,073 sq feet).