£252,206
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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100 South Street, Stortford, CM23 3BG
Phone: 01279956919
Price Paid | Date |
---|---|
£250,000 | 4 Aug 2023 |
£117,500 | 12 Oct 2012 |
£110,000 | 10 Jun 2008 |
£250,000 | 24 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 392 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £250,000 results in an estimated price of approximately £252,206.
4 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £250,000 | £2,206 | £252,206 |
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 | -40.061 % | £-100,153 | £149,846 |
3 Month Average | -20.953 % | £-52,381 | £197,618 |
6 Month Average | -8.566 % | £-21,414 | £228,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £508,904 | £500,000 | 27 COX'S GARDENS |
28 Nov 2023 | £543,040 | £535,000 | 35 PATRICIA GARDENS |
27 Nov 2023 | £329,884 | £325,000 | 16 CORONATION ROAD |
25 Sep 2023 | £417,843 | £412,500 | 20 QUEENS CRESCENT |
22 Sep 2023 | £440,634 | £435,000 | 9 COX'S GARDENS |
This house has a floor area of 36 sq meters or 392 sq feet when measured on 5 Feb 2011. Using an estimated price of £252,206 means this house is valued at £6,913 per sq meter (£642 per sq foot).
The average size of a house on ELIZABETH ROAD is 86 sq meters (930 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (392 sq feet).