£723,973
This estimated value is based upon the latest sale price for the house of £545,000 on 20 Sep 2016. 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 |
|---|---|
| £545,000 | 20 Sep 2016 |
| £320,000 | 6 Aug 2010 |
| £245,000 | 19 Aug 2005 |
| £185,000 | 18 Feb 2001 |
| £116,500 | 30 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £545,000 results in an estimated price of approximately £723,973.
| 20 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £545,000 | £178,973 | £723,973 |
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 | 0.094 % | £512 | £545,512 |
| 3 Month Average | 32.876 % | £179,173 | £724,173 |
| 6 Month Average | 22.327 % | £121,681 | £666,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £430,372 | £424,000 | 14 GIRONS CLOSE |
| 18 Aug 2023 | £761,663 | £755,000 | 118 BENSLOW LANE |
| 14 Jun 2023 | £695,930 | £687,500 | 115 BENSLOW LANE |
| 12 Aug 2022 | £842,732 | £845,000 | 138 BENSLOW LANE |
| 28 Jul 2022 | £474,277 | £473,000 | 4 STUART DRIVE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 25 Sep 2015. Using an estimated price of £723,973 means this house is valued at £5,402 per sq meter (£501 per sq foot).
The average size of a house on BENSLOW LANE is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hospital | |
| Feb 2024 | Anti-social behaviour | On or near Hospital | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Drive |
| Dec 2023 | Public order | Under investigation | On or near Stuart Drive |