£827,909
This estimated value is based upon the latest sale price for the house of £500,000 on 7 Mar 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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21 North Street, Bishop's Stortford, CM23 2LD
Phone: 01279799091
Price Paid | Date |
---|---|
£500,000 | 7 Mar 2013 |
£390,000 | 11 Jun 2004 |
£185,000 | 31 Mar 1998 |
£170,000 | 11 Dec 1996 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,263 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 2013 the House Price Index for HERTFORDSHIRE was 88.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 65.582%.Applying this 65.582% change to the original purchase price of £500,000 results in an estimated price of approximately £827,909.
7 Mar 2013 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 147.0 | 65.582 % | £500,000 | £327,909 | £827,909 |
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 | 27.981 % | £139,905 | £639,905 |
3 Month Average | 90.757 % | £453,783 | £953,783 |
6 Month Average | 71.987 % | £359,933 | £859,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2022 | £867,825 | £875,500 | 25 MERCERS AVENUE |
2 Feb 2022 | £554,228 | £535,000 | 3 MERCERS AVENUE |
28 Jan 2022 | £645,925 | £620,000 | 15 THE SHEARERS |
20 Dec 2021 | £1,180,872 | £1,115,000 | 70 THE SHEARERS |
26 Nov 2021 | £673,527 | £630,000 | 1 MERCERS AVENUE |
This house has a floor area of 117 sq meters or 1,263 sq feet when measured on 19 Mar 2012. Using an estimated price of £827,910 means this house is valued at £7,052 per sq meter (£655 per sq foot).
The average size of a house on MERCERS AVENUE is 171 sq meters (1,846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Close |
Jan 2024 | Vehicle crime | Under investigation | On or near Saddlers Close |
Dec 2023 | Anti-social behaviour | On or near Blacksmiths Close | |
Dec 2023 | Anti-social behaviour | On or near Blacksmiths Close | |
Oct 2023 | Anti-social behaviour | On or near Blacksmiths Close |