£709,624
This estimated value is based upon the latest sale price for the house of £580,000 on 7 Feb 2020. 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 |
|---|---|
| £580,000 | 7 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £580,000 results in an estimated price of approximately £709,624.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £580,000 | £129,624 | £709,624 |
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 | 33.385 % | £193,634 | £773,634 |
| 3 Month Average | 59.510 % | £345,156 | £925,156 |
| 6 Month Average | 28.744 % | £166,714 | £746,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £575,031 | £570,000 | 69 WILLIAN ROAD |
| 20 Jun 2023 | £620,010 | £612,500 | 222 CAMBRIDGE ROAD |
| 10 Feb 2023 | £780,475 | £781,000 | 13 GRANVILLE ROAD |
| 27 Jun 2022 | £745,536 | £735,000 | 87 HAMPDEN ROAD |
| 22 Apr 2022 | £638,475 | £620,000 | 96 HAMPDEN ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 24 Sep 2019. Using an estimated price of £709,624 means this house is valued at £7,025 per sq meter (£652 per sq foot).
The average size of a house on HAMPDEN ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granville Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampden Road |