£633,433
This estimated value is based upon the latest sale price for the house of £555,000 on 29 Jan 2021. 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 |
|---|---|
| £555,000 | 29 Jan 2021 |
| Terraced |
| Freehold |
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 January 2021 the House Price Index for HERTFORDSHIRE was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £555,000 results in an estimated price of approximately £633,433.
| 29 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £555,000 | £78,433 | £633,433 |
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 | -4.671 % | £-25,921 | £529,078 |
| 3 Month Average | 16.784 % | £93,149 | £648,149 |
| 6 Month Average | 4.800 % | £26,640 | £581,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £907,943 | £900,000 | LAW HALL HOUSE LAW HALL LANE |
| 28 Oct 2022 | £341,325 | £345,000 | 16 THE HEATH |
| 31 Aug 2022 | £329,114 | £330,000 | 6 THE HEATH |
| 1 Jul 2022 | £315,850 | £315,000 | 45 ORCHARD WAY |
| 10 Jun 2022 | £400,662 | £395,000 | 19 ORCHARD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Templars Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Millway |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Heath Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harris Lane |