£194,896
This estimated value is based upon the latest sale price for the house of £47,000 on 11 Oct 1999. 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 |
---|---|
£47,000 | 11 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 1999 the House Price Index for HERTFORDSHIRE was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £47,000 results in an estimated price of approximately £194,896.
11 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 148.6 | 314.674 % | £47,000 | £147,896 | £194,896 |
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 | 381.247 % | £179,185 | £226,185 |
3 Month Average | 474.147 % | £222,849 | £269,849 |
6 Month Average | 378.037 % | £177,677 | £224,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £216,897 | £215,000 | 105 MILLSTREAM CLOSE |
7 Jul 2023 | £131,774 | £130,000 | 29 MILLSTREAM CLOSE |
16 Feb 2023 | £167,887 | £168,000 | 57 MILLSTREAM CLOSE |
10 Nov 2022 | £180,810 | £183,000 | 47 MILLSTREAM CLOSE |
8 Jul 2022 | £370,999 | £370,000 | 82 MILLSTREAM CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 16 Apr 2020. Using an estimated price of £194,897 means this house is valued at £4,331 per sq meter (£402 per sq foot).
The average size of a house on MILLSTREAM CLOSE is 46 sq meters (497 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Millstream Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Watersmeet |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Watersmeet |
Mar 2024 | Vehicle crime | Under investigation | On or near Watersmeet |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Watersmeet |