£453,956
This estimated value is based upon the latest sale price for the house of £328,000 on 21 Dec 2015. 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 |
|---|---|
| £328,000 | 21 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £328,000 results in an estimated price of approximately £453,956.
| 21 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £328,000 | £125,956 | £453,956 |
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 | 8.347 % | £27,379 | £355,379 |
| 3 Month Average | 44.904 % | £147,284 | £475,284 |
| 6 Month Average | 33.590 % | £110,174 | £438,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £484,236 | £480,000 | 28 MILLARD WAY |
| 20 Jul 2023 | £522,026 | £515,000 | 16 GAINSFORD CRESCENT |
| 14 Jul 2023 | £1,044,052 | £1,030,000 | 19 MILLARD WAY |
| 9 Jun 2023 | £485,886 | £480,000 | 57 GROVELANDS AVENUE |
| 28 Feb 2023 | £638,570 | £639,000 | 24 GROVELANDS AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Sep 2015. Using an estimated price of £453,956 means this house is valued at £4,728 per sq meter (£439 per sq foot).
The average size of a house on GAINSFORD CRESCENT is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovelands Avenue |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive |