£1,226,114
This estimated value is based upon the latest sale price for the house of £720,000 on 26 Sep 2012. 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 |
|---|---|
| £720,000 | 26 Sep 2012 |
| £142,000 | 7 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,713 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 September 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £720,000 results in an estimated price of approximately £1,226,114.
| 26 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £720,000 | £506,114 | £1,226,114 |
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 | 54.053 % | £389,178 | £1,109,178 |
| 3 Month Average | 104.173 % | £750,047 | £1,470,047 |
| 6 Month Average | 79.460 % | £572,114 | £1,292,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £1,233,279 | £1,220,000 | 29 PRIORY WAY |
| 5 Jul 2022 | £1,044,813 | £1,042,000 | 31 PRIORY WAY |
| 26 Jan 2022 | £878,761 | £835,000 | 23 DALE CLOSE |
| 24 Jan 2022 | £3,157,224 | £3,000,000 | GOSMORE NURSING & CARE CENTRE HITCHIN ROAD |
| 23 Jun 2021 | £1,287,509 | £1,200,000 | 19 LISTER AVENUE |
This house has a floor area of 159 sq meters or 1,713 sq feet when measured on 12 Jan 2012. Using an estimated price of £1,226,114 means this house is valued at £7,703 per sq meter (£715 per sq foot).
The average size of a house on PRIORY WAY is 195 sq meters (2,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Local resolution | On or near Bramshott Close |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Elmo Court |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |