£531,216
This estimated value is based upon the latest sale price for the house of £430,000 on 8 Mar 2019. 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 |
|---|---|
| £430,000 | 8 Mar 2019 |
| £385,000 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £430,000 results in an estimated price of approximately £531,216.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £430,000 | £101,216 | £531,216 |
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 | 55.931 % | £240,505 | £670,505 |
| 3 Month Average | -5.916 % | £-25,440 | £404,559 |
| 6 Month Average | 4.074 % | £17,517 | £447,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £453,971 | £450,000 | 127 CAVELL DRIVE |
| 7 Oct 2022 | £699,469 | £707,000 | 59 CAVELL DRIVE |
| 22 Apr 2022 | £223,981 | £217,500 | 115 CAVELL DRIVE |
| 20 Apr 2022 | £293,493 | £285,000 | 112 CAVELL DRIVE |
| 31 Mar 2022 | £267,356 | £258,000 | 10 CAVELL DRIVE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Jan 2013. Using an estimated price of £531,217 means this house is valued at £4,055 per sq meter (£376 per sq foot).
The average size of a house on CAVELL DRIVE is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cavell Drive | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavell Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cavell Drive |
| Jan 2024 | Anti-social behaviour | On or near Cavell Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cavell Drive |