£552,726
This estimated value is based upon the latest sale price for the house of £365,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 The Pavillion, High Street, Hoddesdon, EN11 8UD
Phone: 01992843741
| Price Paid | Date |
|---|---|
| £365,000 | 29 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £365,000 results in an estimated price of approximately £552,726.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £365,000 | £187,726 | £552,726 |
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 | 66.974 % | £244,455 | £609,455 |
| 3 Month Average | 35.608 % | £129,968 | £494,968 |
| 6 Month Average | 62.177 % | £226,944 | £591,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £227,645 | £225,500 | 76 PLOMER AVENUE |
| 24 Feb 2023 | £516,652 | £517,000 | 20 CHRISTIAN CLOSE |
| 6 Jan 2023 | £223,945 | £225,000 | 196 PLOMER AVENUE |
| 24 Nov 2022 | £494,016 | £500,000 | 30 CHRISTIAN CLOSE |
| 23 Jun 2022 | £233,297 | £230,000 | 178 PLOMER AVENUE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 1 Jul 2014. Using an estimated price of £552,726 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on CHRISTIAN CLOSE is 163 sq meters (1,755 sq feet).