£459,637
This estimated value is based upon the latest sale price for the house of £368,500 on 25 May 2018. 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 |
|---|---|
| £368,500 | 25 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £368,500 results in an estimated price of approximately £459,637.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £368,500 | £91,137 | £459,637 |
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 | -1.737 % | £-6,402 | £362,097 |
| 3 Month Average | 48.498 % | £178,715 | £547,215 |
| 6 Month Average | 30.448 % | £112,200 | £480,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £522,026 | £515,000 | 16 GAINSFORD CRESCENT |
| 9 Jun 2023 | £485,886 | £480,000 | 57 GROVELANDS AVENUE |
| 28 Feb 2023 | £638,570 | £639,000 | 24 GROVELANDS AVENUE |
| 10 Feb 2022 | £593,561 | £566,000 | 18 HARKNESS WAY |
| 17 Nov 2021 | £438,013 | £405,000 | 32 HARKNESS WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Aug 2020. Using an estimated price of £459,637 means this house is valued at £4,996 per sq meter (£464 per sq foot).
The average size of a house on GAINSFORD CRESCENT is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovelands Avenue |