£409,329
This estimated value is based upon the latest sale price for the house of £242,500 on 28 Feb 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £242,500 | 28 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 February 2013 the House Price Index for HERTFORDSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £242,500 results in an estimated price of approximately £409,329.
| 28 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £242,500 | £166,829 | £409,329 |
The Postcode Pricing Model uses changes in average sales price within the SG4 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 | 90.692 % | £219,928 | £462,428 |
| 3 Month Average | 130.323 % | £316,033 | £558,533 |
| 6 Month Average | 86.583 % | £209,964 | £452,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £303,885 | £300,000 | 56 ALLWOODS PLACE |
| 7 Jul 2023 | £139,477 | £137,600 | 67 ALLWOODS PLACE |
| 19 Apr 2023 | £225,933 | £223,500 | 4 WILLIAN ROAD |
| 13 Apr 2023 | £232,503 | £230,000 | 43 ALLWOODS PLACE |
| 11 Aug 2022 | £451,784 | £453,000 | 6 FRANKLIN GARDENS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 2 Aug 2012. Using an estimated price of £409,330 means this house is valued at £3,559 per sq meter (£330 per sq foot).
The average size of a house on FRANKLIN GARDENS is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Franklin Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Gardens |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road |