£457,430
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Mill Bridge, Hertford, SG14 1PY
Phone: 01992273618
Price Paid | Date |
---|---|
£285,000 | 6 Dec 2013 |
£250,000 | 20 Jul 2007 |
£153,000 | 20 Jul 2001 |
£109,995 | 6 Jul 1999 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2013 the House Price Index for HERTFORDSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £285,000 results in an estimated price of approximately £457,430.
6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £285,000 | £172,430 | £457,430 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | 23.036 % | £65,653 | £350,653 |
3 Month Average | 38.751 % | £110,440 | £395,440 |
6 Month Average | 48.256 % | £137,530 | £422,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £713,484 | £701,000 | 41 PORT VALE |
11 Sep 2023 | £592,577 | £585,000 | 26 MILLMEAD WAY |
25 Aug 2023 | £453,971 | £450,000 | 66 MILLMEAD WAY |
28 Jun 2023 | £331,010 | £327,000 | 44 MILLMEAD WAY |
6 Apr 2023 | £447,316 | £442,500 | 53 PORT VALE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 Sep 2012. Using an estimated price of £457,430 means this house is valued at £7,498 per sq meter (£696 per sq foot).
The average size of a house on MILLMEAD WAY is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Port Vale | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Port Vale |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Nelson Street |
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Nelson Street |
Feb 2024 | Anti-social behaviour | On or near Sele Mill |