£1,481,085
This estimated value is based upon the latest sale price for the house of £377,500 on 22 Feb 2000. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £377,500 | 22 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 2000 the House Price Index for HERTFORDSHIRE was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £377,500 results in an estimated price of approximately £1,481,085.
| 22 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £377,500 | £1,103,585 | £1,481,085 |
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 | 276.965 % | £1,045,542 | £1,423,042 |
| 3 Month Average | 393.309 % | £1,484,743 | £1,862,243 |
| 6 Month Average | 355.208 % | £1,340,908 | £1,718,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £1,017,808 | £1,000,000 | 7A RANSOM CLOSE |
| 3 May 2022 | £1,625,631 | £1,595,000 | 4 GOSMORE ROAD |
| 26 Jan 2022 | £878,761 | £835,000 | 23 DALE CLOSE |
| 24 Jan 2022 | £3,157,224 | £3,000,000 | GOSMORE NURSING & CARE CENTRE HITCHIN ROAD |
| 18 Oct 2021 | £1,272,450 | £1,150,000 | OAKDALE NEWLANDS CLOSE WEST |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 15 Feb 2019. Using an estimated price of £1,481,086 means this house is valued at £7,878 per sq meter (£731 per sq foot).
The average size of a house on GOSMORE ROAD is 208 sq meters (2,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitchin Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |
| Dec 2023 | Drugs | Local resolution | On or near Bramshott Close |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court |