£73,957
This estimated value is based upon the latest sale price for the house of £54,175 on 22 Feb 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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115 Fore Street, Hertford, SG14 1AS
Phone: 01992843868
Price Paid | Date |
---|---|
£54,175 | 22 Feb 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 February 2016 the House Price Index for HERTFORDSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £54,175 results in an estimated price of approximately £73,957.
22 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £54,175 | £19,782 | £73,957 |
The Postcode Pricing Model uses changes in average sales price within the SG13 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 | -26.947 % | £-14,598 | £39,576 |
3 Month Average | 24.667 % | £13,363 | £67,538 |
6 Month Average | 38.293 % | £20,745 | £74,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2023 | £338,646 | £335,000 | 12 MEAD LANE |
17 Apr 2023 | £109,176 | £108,000 | 100 ELDER COURT MEAD LANE |
27 Jun 2022 | £289,085 | £285,000 | 18 CLAUD HAMILTON WAY |
27 May 2022 | £332,770 | £326,500 | 32 MEAD LANE |
30 Mar 2022 | £217,615 | £210,000 | 93 ELDER COURT MEAD LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 15 Nov 2016. Using an estimated price of £73,957 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on MEAD LANE is 60 sq meters (651 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Claud Hamilton Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Claud Hamilton Way |
Mar 2024 | Other theft | Under investigation | On or near Claud Hamilton Way |
Jan 2024 | Anti-social behaviour | On or near Claud Hamilton Way | |
Jan 2024 | Anti-social behaviour | On or near Claud Hamilton Way |