£467,514
This estimated value is based upon the latest sale price for the house of £162,500 on 31 May 2002. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Forres Close
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8 The Pavillion, High Street, Hoddesdon, EN11 8UD
Phone: 01992843741
| Price Paid | Date |
|---|---|
| £162,500 | 31 May 2002 |
| £103,500 | 7 May 1999 |
| Semi-Detached |
| Freehold |
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 May 2002 the House Price Index for HERTFORDSHIRE was 51.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 187.701%.Applying this 187.701% change to the original purchase price of £162,500 results in an estimated price of approximately £467,514.
| 31 May 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 146.7 | 187.701 % | £162,500 | £305,014 | £467,514 |
The Postcode Pricing Model uses changes in average sales price within the EN11 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 | 169.939 % | £276,150 | £438,650 |
| 3 Month Average | 165.540 % | £269,002 | £431,502 |
| 6 Month Average | 164.026 % | £266,541 | £429,041 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Forres Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodney Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ditchfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ditchfield Road |