£1,180,388
This estimated value is based upon the latest sale price for the house of £925,000 on 19 Apr 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £925,000 | 19 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 402 sq meters or 4,327 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 April 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £925,000 results in an estimated price of approximately £1,180,388.
| 19 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £925,000 | £255,388 | £1,180,388 |
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 | 21.897 % | £202,547 | £1,127,547 |
| 3 Month Average | 76.069 % | £703,642 | £1,628,642 |
| 6 Month Average | 50.394 % | £466,144 | £1,391,144 |
This house has a floor area of 402 sq meters or 4,327 sq feet when measured on 1 Jul 2021.
The average size of a house on NEWLANDS LANE is 261 sq meters (2,811 sq feet).
This house is the largest in the street with a floor area of 402 sq meters (4,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Dec 2023 | Drugs | Local resolution | On or near Bramshott Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Walk |