£404,856
This estimated value is based upon the latest sale price for the house of £260,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £260,000 | 11 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in April 2014 the House Price Index for CENTRAL BEDFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £260,000 results in an estimated price of approximately £404,856.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £260,000 | £144,856 | £404,856 |
The Postcode Pricing Model uses changes in average sales price within the SG15 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 | 16.673 % | £43,349 | £303,349 |
| 3 Month Average | 51.237 % | £133,215 | £393,215 |
| 6 Month Average | 48.798 % | £126,875 | £386,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £295,164 | £290,000 | 77 RAMERICK GARDENS |
| 10 Nov 2023 | £201,990 | £199,000 | 31 RAMERICK GARDENS |
| 6 Jul 2022 | £300,805 | £299,995 | 65 RAMERICK GARDENS |
| 17 Jun 2022 | £270,827 | £267,000 | 14 RAMERICK GARDENS |
| 9 Jun 2022 | £410,805 | £405,000 | 6 RAMERICK GARDENS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Jul 2012. Using an estimated price of £404,856 means this house is valued at £4,877 per sq meter (£453 per sq foot).
The average size of a house on HITCHIN ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchin Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchin Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchin Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albone Avenue |