£1,482,321
This estimated value is based upon the latest sale price for the house of £1,200,000 on 12 Feb 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Unit 1 First Floor, High Oak Business Centre, Gentlemens Fields, Ware, SG12 0EF
Phone: 01920481130
| Price Paid | Date |
|---|---|
| £1,200,000 | 12 Feb 2019 |
| 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 February 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 23.527%.Applying this 23.527% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,482,321.
| 12 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £1,200,000 | £282,321 | £1,482,321 |
The Postcode Pricing Model uses changes in average sales price within the SG12 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 | 33.724 % | £404,689 | £1,604,689 |
| 3 Month Average | 22.071 % | £264,850 | £1,464,850 |
| 6 Month Average | 15.257 % | £183,079 | £1,383,079 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £221,942 | £220,000 | 58 WHEATSHEAF DRIVE |
| 9 Jun 2023 | £391,745 | £387,000 | 25 WHEATSHEAF DRIVE |
| 12 Apr 2023 | £361,391 | £357,500 | 61 WHEATSHEAF DRIVE |
| 21 Jul 2022 | £601,619 | £600,000 | 27 THE HAWTHORNS |
| 22 Jun 2022 | £357,046 | £352,000 | 62 WHEATSHEAF DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Hawthorns |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheatsheaf Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Blanes |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Blanes |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Brambles |