£1,080,458
This estimated value is based upon the latest sale price for the house of £665,000 on 6 Nov 2013. 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 |
|---|---|
| £665,000 | 6 Nov 2013 |
| £635,000 | 11 Jan 2006 |
| £190,000 | 3 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,113 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 November 2013 the House Price Index for HERTFORDSHIRE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £665,000 results in an estimated price of approximately £1,080,458.
| 6 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £665,000 | £415,458 | £1,080,458 |
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 | 51.880 % | £345,004 | £1,010,004 |
| 3 Month Average | 97.589 % | £648,967 | £1,313,967 |
| 6 Month Average | 73.615 % | £489,542 | £1,154,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £2,613,696 | £2,575,000 | LONGWOOD WILLIAN ROAD |
| 9 Feb 2023 | £674,546 | £675,000 | 87 GROVELANDS AVENUE |
| 12 Jul 2022 | £626,687 | £625,000 | 13 STOTFOLD ROAD |
| 29 Apr 2022 | £514,900 | £500,000 | 105 WILLIAN ROAD |
| 7 Feb 2022 | £875,660 | £835,000 | 84 WILLIAN ROAD |
This house has a floor area of 196 sq meters or 2,113 sq feet when measured on 7 Sep 2009. Using an estimated price of £1,080,459 means this house is valued at £5,502 per sq meter (£511 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 105 sq meters (1,138 sq feet).
This house is the largest in the street with a floor area of 196 sq meters (2,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Queenswood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Queenswood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Queenswood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Queenswood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Frensham Drive |