£2,372,454
This estimated value is based upon the latest sale price for the house of £1,400,000 on 2 Aug 2010. 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 |
|---|---|
| £1,400,000 | 2 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 516 sq meters or 5,554 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 August 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £1,400,000 results in an estimated price of approximately £2,372,454.
| 2 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £1,400,000 | £972,454 | £2,372,454 |
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 | 53.772 % | £752,813 | £2,152,813 |
| 3 Month Average | 110.344 % | £1,544,821 | £2,944,821 |
| 6 Month Average | 91.863 % | £1,286,076 | £2,686,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £554,854 | £550,000 | 3 STANDHILL CLOSE |
| 26 Apr 2023 | £631,803 | £625,000 | 4 ROBINS HILL |
| 27 Jan 2022 | £920,857 | £875,000 | 3 TAYLORS HILL |
| 20 Dec 2021 | £374,982 | £350,000 | 7 PARK GATE |
| 17 Dec 2021 | £830,317 | £775,000 | 10 STANDHILL CLOSE |
This house has a floor area of 516 sq meters or 5,554 sq feet when measured on 15 Aug 2009. Using an estimated price of £2,372,455 means this house is valued at £4,597 per sq meter (£427 per sq foot).
The average size of a house on HITCHIN HILL is 424 sq meters (4,564 sq feet).
This house is the largest in the street with a floor area of 516 sq meters (5,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchin Hill |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitchin Hill |
| Mar 2024 | Other theft | Under investigation | On or near Robins Hill |
| Mar 2024 | Other theft | Under investigation | On or near Robins Hill |
| Feb 2024 | Anti-social behaviour | On or near Robins Hill |