£979,240
This estimated value is based upon the latest sale price for the house of £662,500 on 21 Nov 2014. 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 |
|---|---|
| £662,500 | 21 Nov 2014 |
| £285,000 | 14 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £662,500 results in an estimated price of approximately £979,240.
| 21 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 146.7 | 47.810 % | £662,500 | £316,740 | £979,240 |
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 | 13.258 % | £87,835 | £750,335 |
| 3 Month Average | 16.491 % | £109,253 | £771,753 |
| 6 Month Average | 38.592 % | £255,668 | £918,168 |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 3 Jul 2014.
The average size of a house on ELIZABETH ROAD is 86 sq meters (930 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,002 sq feet).