£606,083
This estimated value is based upon the latest sale price for the house of £490,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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40 Castle Street, Hertford, SG14 1HH
Phone: 01992843790
| Price Paid | Date |
|---|---|
| £490,000 | 17 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for HERTFORDSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £490,000 results in an estimated price of approximately £606,083.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £490,000 | £116,083 | £606,083 |
The Postcode Pricing Model uses changes in average sales price within the SG13 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 | -8.712 % | £-42,687 | £447,312 |
| 3 Month Average | -22.228 % | £-108,918 | £381,081 |
| 6 Month Average | -6.147 % | £-30,119 | £459,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £484,717 | £480,150 | 23 EDWARD HOUSE PEGS LANE |
| 28 Feb 2023 | £489,670 | £490,000 | 44 EDWARD HOUSE PEGS LANE |
| 29 Nov 2022 | £468,327 | £474,000 | 19 EDWARD HOUSE PEGS LANE |
| 15 Sep 2022 | £90,350 | £91,080 | 33 EDWARD HOUSE PEGS LANE |
| 29 Jul 2022 | £466,255 | £465,000 | 46 EDWARD HOUSE PEGS LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Mar 2018. Using an estimated price of £606,083 means this house is valued at £7,871 per sq meter (£731 per sq foot).
The average size of a house on HALE ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |
| Mar 2024 | Theft from the person | Under investigation | On or near Castle Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Peg'S Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Gascoyne Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parliament Square |