£421,210
This estimated value is based upon the latest sale price for the house of £367,000 on 11 Dec 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 |
|---|---|
| £367,000 | 11 Dec 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £367,000 results in an estimated price of approximately £421,210.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £367,000 | £54,210 | £421,210 |
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 | 6.207 % | £22,778 | £389,778 |
| 3 Month Average | 14.720 % | £54,021 | £421,021 |
| 6 Month Average | 4.859 % | £17,831 | £384,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £445,699 | £440,000 | 19 TRISTRAM ROAD |
| 23 Aug 2023 | £448,927 | £445,000 | 5 TRISTRAM ROAD |
| 14 Jul 2023 | £476,412 | £470,000 | 43 HIGHOVER WAY |
| 26 Sep 2022 | £401,756 | £405,000 | 74 STURGEONS WAY |
| 11 May 2022 | £428,066 | £420,000 | 21 TRISTRAM ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 27 Feb 2020. Using an estimated price of £421,211 means this house is valued at £4,841 per sq meter (£449 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lawrence Close | |
| Feb 2024 | Anti-social behaviour | On or near Lawrence Close | |
| Feb 2024 | Anti-social behaviour | On or near Lawrence Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near West Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Highover Way |