£638,509
This estimated value is based upon the latest sale price for the house of £424,950 on 23 Dec 2014. 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 Sovereign Place
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64 Town Centre, Hatfield, AL10 0JJ
Phone: 01707684994
| Price Paid | Date |
|---|---|
| £424,950 | 23 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £424,950 results in an estimated price of approximately £638,509.
| 23 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £424,950 | £213,559 | £638,509 |
The Postcode Pricing Model uses changes in average sales price within the AL9 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 | -15.046 % | £-63,939 | £361,010 |
| 3 Month Average | 33.036 % | £140,385 | £565,335 |
| 6 Month Average | 33.579 % | £142,693 | £567,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £656,669 | £640,000 | 54 THE RYDE |
| 17 Mar 2023 | £427,133 | £420,000 | 20A MOUNT PLEASANT LANE |
| 29 Jul 2022 | £752,540 | £745,000 | 52 THE RYDE |
| 29 Mar 2022 | £819,487 | £785,000 | 40 THE RYDE |
| 30 Sep 2021 | £488,506 | £450,000 | 18 MOUNT PLEASANT LANE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 16 Dec 2014. Using an estimated price of £638,510 means this house is valued at £5,650 per sq meter (£524 per sq foot).
The average size of a house on SOVEREIGN PLACE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Sovereign Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sovereign Place |
| Jun 2024 | Anti-social behaviour | On or near Sovereign Place | |
| Jun 2024 | Anti-social behaviour | On or near Sovereign Place | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Sovereign Place |