£460,090
This estimated value is based upon the latest sale price for the house of £435,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Guild House, Water Lane, Bishop's Stortford, CM23 2JZ
Phone: 01279956850
| Price Paid | Date |
|---|---|
| £435,000 | 16 Dec 2021 |
| £235,000 | 1 Mar 2006 |
| £75,000 | 16 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £435,000 results in an estimated price of approximately £460,090.
| 16 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £435,000 | £25,090 | £460,090 |
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 | -48.358 % | £-210,358 | £224,641 |
| 3 Month Average | -27.038 % | £-117,615 | £317,384 |
| 6 Month Average | 0.755 % | £3,283 | £438,283 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Sep 2021.
The average size of a house on CANNONS CLOSE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Legions Way | |
| Jan 2024 | Anti-social behaviour | On or near Legions Way | |
| Jan 2024 | Anti-social behaviour | On or near Legions Way | |
| Mar 2024 | Anti-social behaviour | On or near Cherry Gardens | |
| Jan 2024 | Other theft | Under investigation | On or near Cherry Gardens |