£649,886
This estimated value is based upon the latest sale price for the house of £390,000 on 7 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 |
|---|---|
| £390,000 | 7 Feb 2013 |
| £192,500 | 2 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 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 Feb 2024 is 146.7 which is a change of 66.638%.Applying this 66.638% change to the original purchase price of £390,000 results in an estimated price of approximately £649,886.
| 7 Feb 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.638 % | £390,000 | £259,886 | £649,886 |
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 % | £353,699 | £743,699 |
| 3 Month Average | 130.323 % | £508,259 | £898,259 |
| 6 Month Average | 86.583 % | £337,675 | £727,675 |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 26 Sep 2011.
The average size of a house on GIBSON CLOSE is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |
| Feb 2024 | Other crime | Under investigation | On or near Hardy Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Worsdell Way |
| Mar 2024 | Drugs | Local resolution | On or near Worsdell Way |