£287,712
This estimated value is based upon the latest sale price for the house of £166,500 on 1 Jul 2011. 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 |
---|---|
£166,500 | 1 Jul 2011 |
Semi-Detached |
Freehold |
Floor Area: 49 sq meters or 529 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 July 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £166,500 results in an estimated price of approximately £287,712.
1 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £166,500 | £121,212 | £287,712 |
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 | 68.996 % | £114,878 | £281,378 |
3 Month Average | 120.909 % | £201,312 | £367,812 |
6 Month Average | 85.092 % | £141,678 | £308,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £312,000 | £312,000 | 16 CAMPBELL CLOSE |
28 Sep 2023 | £314,015 | £310,000 | 86 COLERIDGE CLOSE |
4 Sep 2023 | £433,543 | £428,000 | 59 COLERIDGE CLOSE |
22 Aug 2023 | £436,821 | £433,000 | 97 COLERIDGE CLOSE |
7 Aug 2023 | £373,265 | £370,000 | 34 COLERIDGE CLOSE |
This house has a floor area of 49 sq meters or 529 sq feet when measured on 31 Mar 2011. Using an estimated price of £287,713 means this house is valued at £5,847 per sq meter (£543 per sq foot).
The average size of a house on COLERIDGE CLOSE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Campbell Close | |
Feb 2024 | Anti-social behaviour | On or near Campbell Close | |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Campbell Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Worsdell Way |
Mar 2024 | Drugs | Local resolution | On or near Worsdell Way |