£589,431
This estimated value is based upon the latest sale price for the house of £522,000 on 1 Apr 2021. 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 |
|---|---|
| £522,000 | 1 Apr 2021 |
| Detached |
| Freehold |
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 April 2021 the House Price Index for HERTFORDSHIRE was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £522,000 results in an estimated price of approximately £589,431.
| 1 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £522,000 | £67,431 | £589,431 |
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 | -25.371 % | £-132,438 | £389,561 |
| 3 Month Average | 10.489 % | £54,751 | £576,751 |
| 6 Month Average | -0.249 % | £-1,300 | £520,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £217,216 | £214,000 | 19 BURNS CLOSE |
| 19 Jul 2023 | £387,941 | £382,720 | 81 COMMON RISE |
| 17 Mar 2023 | £807,609 | £800,000 | 2 MEADOWBANK |
| 10 Mar 2023 | £325,880 | £322,810 | 111 COMMON RISE |
| 5 Jan 2023 | £226,931 | £228,000 | 14 BURNS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Arnold Close | |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Byron Close |
| Feb 2024 | Anti-social behaviour | On or near Woolgrove Road | |
| Feb 2024 | Anti-social behaviour | On or near Woolgrove Road |