£600,275
This estimated value is based upon the latest sale price for the house of £420,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Robert Wallace Close
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26 North Street, Bishops Stortford, CM23 2LW
Phone: 01279956702
| Price Paid | Date |
|---|---|
| £420,000 | 21 Aug 2015 |
| £310,000 | 27 Aug 2010 |
| £210,000 | 22 Jan 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 686 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 2015 the House Price Index for HERTFORDSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £420,000 results in an estimated price of approximately £600,275.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £420,000 | £180,275 | £600,275 |
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 | -27.776 % | £-116,660 | £303,339 |
| 3 Month Average | 3.990 % | £16,758 | £436,758 |
| 6 Month Average | 30.498 % | £128,093 | £548,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £698,750 | £698,750 | 21 PINELANDS |
| 21 Nov 2022 | £877,866 | £888,500 | 33 LINDSEY ROAD |
| 14 Oct 2022 | £667,810 | £675,000 | 23 PINELANDS |
| 15 Aug 2022 | £488,685 | £490,000 | 110 BARRELLS DOWN ROAD |
| 20 Jul 2022 | £596,606 | £595,000 | 5 LINDSEY ROAD |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 18 Jun 2010. Using an estimated price of £600,276 means this house is valued at £9,417 per sq meter (£874 per sq foot).
The average size of a house on LINDSEY ROAD is 99 sq meters (1,066 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Wallace Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Wallace Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Robert Wallace Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pinelands |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pinelands |