£587,161
This estimated value is based upon the latest sale price for the house of £485,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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100 South Street, Stortford, CM23 3BG
Phone: 01279956919
| Price Paid | Date |
|---|---|
| £485,000 | 31 Oct 2019 |
| £530,000 | 31 Jul 2019 |
| £229,000 | 1 Mar 2001 |
| £141,950 | 27 Feb 1998 |
| 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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £485,000 results in an estimated price of approximately £587,161.
| 31 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £485,000 | £102,161 | £587,161 |
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 | -41.737 % | £-202,422 | £282,577 |
| 3 Month Average | -16.570 % | £-80,366 | £404,633 |
| 6 Month Average | 3.096 % | £15,014 | £500,014 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Jun 2019.
The average size of a house on CUTLERS CLOSE is 137 sq meters (1,479 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutlers Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewers Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penningtons |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penningtons |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alder Close |