£786,588
This estimated value is based upon the latest sale price for the house of £466,000 on 1 Feb 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Mowbray Gardens
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £466,000 | 1 Feb 2013 |
| £275,000 | 28 Jun 2004 |
| £127,500 | 17 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2013 the House Price Index for HERTFORDSHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £466,000 results in an estimated price of approximately £786,588.
| 1 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £466,000 | £320,588 | £786,588 |
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 | 90.692 % | £422,626 | £888,626 |
| 3 Month Average | 130.323 % | £607,305 | £1,073,305 |
| 6 Month Average | 86.583 % | £403,478 | £869,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £262,295 | £260,000 | 36 MORELLO GARDENS |
| 31 Mar 2023 | £272,568 | £270,000 | 13 MORELLO GARDENS |
| 4 Jan 2023 | £253,804 | £255,000 | 35 MORELLO GARDENS |
| 8 Jul 2022 | £260,702 | £260,000 | 24 MORELLO GARDENS |
| 31 Mar 2022 | £274,610 | £265,000 | 25 MORELLO GARDENS |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 23 May 2012. Using an estimated price of £786,588 means this house is valued at £4,546 per sq meter (£422 per sq foot).
The average size of a house on BLACKHORSE LANE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mowbray Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Morrello Gardens |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Morrello Gardens |