£658,726
This estimated value is based upon the latest sale price for the house of £440,000 on 13 Oct 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Riverside Wharf C Bishops Stortford Riverside, Bishop's Stortford, CM23 3GN
Phone: 01279956634
| Price Paid | Date |
|---|---|
| £440,000 | 13 Oct 2014 |
| £300,000 | 9 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 October 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £440,000 results in an estimated price of approximately £658,726.
| 13 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £440,000 | £218,726 | £658,726 |
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 | -26.974 % | £-118,683 | £321,316 |
| 3 Month Average | 12.852 % | £56,547 | £496,547 |
| 6 Month Average | 38.409 % | £168,999 | £608,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £375,560 | £370,000 | 10 GATWICK CLOSE |
| 23 Aug 2023 | £655,737 | £650,000 | 7 PRESTWICK DRIVE |
| 21 Aug 2023 | £519,545 | £515,000 | 3 ROCHFORD ROAD |
| 17 Mar 2023 | £555,231 | £550,000 | HAWKWELL, 35A ROCHFORD ROAD |
| 23 Jan 2023 | £350,350 | £352,000 | 36 GATWICK CLOSE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 8 Jul 2014. Using an estimated price of £658,727 means this house is valued at £4,606 per sq meter (£427 per sq foot).
The average size of a house on PRESTWICK DRIVE is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prestwick Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rochford Road |
| Jan 2024 | Burglary | Under investigation | On or near Rochford Road |
| Mar 2024 | Anti-social behaviour | On or near Gatwick Close | |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Gatwick Close |