£287,143
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Jun 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 |
---|---|
£215,000 | 29 Jun 2016 |
£130,300 | 10 Jun 2011 |
£134,995 | 20 Apr 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 607 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 June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £215,000 results in an estimated price of approximately £287,143.
29 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £215,000 | £72,143 | £287,143 |
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 | 23.064 % | £49,586 | £264,586 |
3 Month Average | 57.034 % | £122,623 | £337,623 |
6 Month Average | 38.615 % | £83,022 | £298,022 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £221,942 | £220,000 | 1 REDOUBT CLOSE |
3 Jul 2023 | £238,206 | £235,000 | 53 REDOUBT CLOSE |
16 Jun 2023 | £232,820 | £230,000 | 67 REDOUBT CLOSE |
5 Jun 2023 | £218,649 | £216,000 | 118 REDOUBT CLOSE |
2 Jun 2023 | £217,636 | £215,000 | 63 REDOUBT CLOSE |
This house has a floor area of 56 sq meters or 607 sq feet when measured on 16 Nov 2010. Using an estimated price of £287,143 means this house is valued at £5,091 per sq meter (£472 per sq foot).
The average size of a house on REDOUBT CLOSE is 48 sq meters (521 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redoubt Close |
Jan 2024 | Anti-social behaviour | On or near Redoubt Close | |
Jan 2024 | Anti-social behaviour | On or near Redoubt Close | |
Jan 2024 | Anti-social behaviour | On or near Redoubt Close | |
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Redoubt Close |