£540,295
This estimated value is based upon the latest sale price for the house of £400,000 on 31 Mar 2016. 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 |
---|---|
£400,000 | 31 Mar 2016 |
£315,000 | 8 Nov 2006 |
£220,000 | 29 Oct 2004 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 March 2016 the House Price Index for HERTFORDSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £400,000 results in an estimated price of approximately £540,295.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £400,000 | £140,295 | £540,295 |
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 | 37.817 % | £151,267 | £551,267 |
3 Month Average | 61.234 % | £244,936 | £644,936 |
6 Month Average | 30.366 % | £121,463 | £521,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Feb 2023 | £674,546 | £675,000 | 87 GROVELANDS AVENUE |
12 Jul 2022 | £626,687 | £625,000 | 13 STOTFOLD ROAD |
10 Feb 2022 | £593,561 | £566,000 | 18 HARKNESS WAY |
17 Nov 2021 | £438,013 | £405,000 | 32 HARKNESS WAY |
29 Sep 2021 | £619,616 | £575,000 | 7 ROUNDWOOD CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Aug 2014. Using an estimated price of £540,295 means this house is valued at £4,867 per sq meter (£452 per sq foot).
The average size of a house on STOTFOLD ROAD is 100 sq meters (1,085 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovelands Avenue |
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 |