£457,347
This estimated value is based upon the latest sale price for the house of £375,000 on 18 Mar 2019. 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 |
|---|---|
| £375,000 | 18 Mar 2019 |
| £115,000 | 27 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £375,000 results in an estimated price of approximately £457,347.
| 18 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £375,000 | £82,347 | £457,347 |
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 | 61.182 % | £229,433 | £604,433 |
| 3 Month Average | 76.913 % | £288,422 | £663,422 |
| 6 Month Average | 26.689 % | £100,085 | £475,085 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 6 Dec 2021.
The average size of a house on CHAUCER WAY is 96 sq meters (1,033 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaucer Way |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Chaucer Way |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Chaucer Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purwell Lane |