£462,350
This estimated value is based upon the latest sale price for the house of £250,000 on 20 May 2009. 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 |
|---|---|
| £250,000 | 20 May 2009 |
| £234,995 | 22 Apr 2005 |
| £210,000 | 4 Jun 2004 |
| £150,000 | 5 Jul 2001 |
| £65,000 | 31 May 1996 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 782 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 2009 the House Price Index for HERTFORDSHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £250,000 results in an estimated price of approximately £462,350.
| 20 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £250,000 | £212,350 | £462,350 |
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 | 122.559 % | £306,396 | £556,396 |
| 3 Month Average | 160.753 % | £401,882 | £651,882 |
| 6 Month Average | 124.708 % | £311,769 | £561,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £430,372 | £424,000 | 14 GIRONS CLOSE |
| 11 Aug 2023 | £635,560 | £630,000 | 9 BOWMANS AVENUE |
| 28 Jul 2023 | £410,525 | £405,000 | 13 HENSLEY CLOSE |
| 28 Jul 2022 | £474,277 | £473,000 | 4 STUART DRIVE |
| 22 Jul 2022 | £656,968 | £655,200 | 44 GIRONS CLOSE |
This house has a floor area of 72 sq meters or 782 sq feet when measured on 19 Jan 2009. Using an estimated price of £462,350 means this house is valued at £6,357 per sq meter (£590 per sq foot).
The average size of a house on SPURRS CLOSE is 150 sq meters (1,623 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spurrs Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Drive |
| Dec 2023 | Public order | Under investigation | On or near Stuart Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Girons Close |
| Mar 2024 | Other crime | Under investigation | On or near Holdbrook |