£647,551
This estimated value is based upon the latest sale price for the house of £465,000 on 10 Nov 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £465,000 | 10 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £465,000 results in an estimated price of approximately £647,551.
| 10 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £465,000 | £182,551 | £647,551 |
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 | -2.009 % | £-9,341 | £455,658 |
| 3 Month Average | 50.688 % | £235,701 | £700,701 |
| 6 Month Average | 41.577 % | £193,331 | £658,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £356,233 | £350,000 | 86 CAMBRIDGE ROAD |
| 10 Nov 2023 | £400,936 | £395,000 | RIVERSMEAD GREEN LANE |
| 14 Jul 2023 | £199,181 | £196,500 | 10 GREEN LANE COURT |
| 19 Apr 2023 | £225,933 | £223,500 | 4 WILLIAN ROAD |
| 13 Apr 2023 | £232,503 | £230,000 | 43 ALLWOODS PLACE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 24 Mar 2015. Using an estimated price of £647,552 means this house is valued at £4,496 per sq meter (£417 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road | |
| Feb 2024 | Anti-social behaviour | On or near Cambridge Road |