£1,268,123
This estimated value is based upon the latest sale price for the house of £745,000 on 25 Jul 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 |
|---|---|
| £745,000 | 25 Jul 2012 |
| Detached |
| 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 July 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 70.218%.Applying this 70.218% change to the original purchase price of £745,000 results in an estimated price of approximately £1,268,123.
| 25 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £745,000 | £523,123 | £1,268,123 |
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 | 70.402 % | £524,497 | £1,269,497 |
| 3 Month Average | 115.668 % | £861,725 | £1,606,725 |
| 6 Month Average | 88.141 % | £656,650 | £1,401,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £1,603,743 | £1,580,000 | GREEN OAK BARN LONDON ROAD |
| 17 Aug 2023 | £403,530 | £400,000 | BEAUMONT MILLFIELD LANE |
| 26 Jul 2022 | £1,531,623 | £1,527,500 | WARRIORS MILLFIELD LANE |
| 22 Jun 2022 | £1,628,357 | £1,605,345 | GREENTREES NEWLANDS LANE |
| 28 Feb 2022 | £1,258,433 | £1,200,000 | 24A LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Walk |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |
| Dec 2023 | Drugs | Local resolution | On or near Bramshott Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langbridge Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |