£1,625,630
This estimated value is based upon the latest sale price for the house of £1,595,000 on 3 May 2022. 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 |
|---|---|
| £1,595,000 | 3 May 2022 |
| 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 May 2022 the House Price Index for HERTFORDSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £1,595,000 results in an estimated price of approximately £1,625,630.
| 3 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £1,595,000 | £30,630 | £1,625,630 |
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 | -7.582 % | £-120,936 | £1,474,063 |
| 3 Month Average | 23.850 % | £380,406 | £1,975,406 |
| 6 Month Average | 4.450 % | £70,977 | £1,665,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £1,017,808 | £1,000,000 | 7A RANSOM CLOSE |
| 17 Aug 2023 | £403,530 | £400,000 | BEAUMONT MILLFIELD LANE |
| 26 Jul 2022 | £1,531,623 | £1,527,500 | WARRIORS MILLFIELD LANE |
| 11 Jul 2022 | £551,485 | £550,000 | 1 GOSMORE LEY CLOSE |
| 22 Jun 2022 | £1,628,357 | £1,605,345 | GREENTREES NEWLANDS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gosmore Ley Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Walk |