£593,346
This estimated value is based upon the latest sale price for the house of £480,000 on 17 May 2019. 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 |
|---|---|
| £480,000 | 17 May 2019 |
| £208,000 | 25 Nov 2003 |
| 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £480,000 results in an estimated price of approximately £593,346.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £480,000 | £113,346 | £593,346 |
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 | 4.191 % | £20,118 | £500,118 |
| 3 Month Average | 44.277 % | £212,527 | £692,527 |
| 6 Month Average | 28.040 % | £134,591 | £614,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £1,210,420 | £1,192,500 | 114 WYMONDLEY ROAD |
| 20 Sep 2023 | £962,304 | £950,000 | 98 WYMONDLEY ROAD |
| 11 Aug 2023 | £635,560 | £630,000 | 9 BOWMANS AVENUE |
| 28 Jul 2023 | £410,525 | £405,000 | 13 HENSLEY CLOSE |
| 21 Apr 2023 | £758,163 | £750,000 | 97 WYMONDLEY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 13 Aug 2018. Using an estimated price of £593,346 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on BOWMANS AVENUE is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spurrs Close |
| 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wymondley Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wymondley Road |