£367,629
This estimated value is based upon the latest sale price for the house of £83,000 on 24 May 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 |
|---|---|
| £83,000 | 24 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 1999 the House Price Index for HERTFORDSHIRE was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £83,000 results in an estimated price of approximately £367,629.
| 24 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £83,000 | £284,629 | £367,629 |
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 | 362.494 % | £300,869 | £383,869 |
| 3 Month Average | 509.090 % | £422,544 | £505,544 |
| 6 Month Average | 407.053 % | £337,853 | £420,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £476,412 | £470,000 | 43 HIGHOVER WAY |
| 20 Jul 2022 | £477,285 | £476,000 | 37 ORCHARD ROAD |
| 19 Jan 2022 | £473,584 | £450,000 | 34 ORCHARD ROAD |
| 24 Jun 2021 | £504,274 | £470,000 | 59 ORCHARD ROAD |
| 11 Dec 2020 | £421,211 | £367,000 | 9 LAWRENCE CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 13 May 2017. Using an estimated price of £367,629 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on HIGHOVER WAY is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Woolgrove Road | |
| Feb 2024 | Anti-social behaviour | On or near Woolgrove Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highover Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Road |
| Feb 2024 | Anti-social behaviour | On or near Lawrence Close |