£371,007
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Aug 2014. 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 |
|---|---|
| £245,000 | 22 Aug 2014 |
| £249,999 | 6 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £245,000 results in an estimated price of approximately £371,007.
| 22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £245,000 | £126,007 | £371,007 |
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 | 57.419 % | £140,677 | £385,677 |
| 3 Month Average | 98.260 % | £240,737 | £485,737 |
| 6 Month Average | 65.982 % | £161,655 | £406,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £438,492 | £432,000 | 2 ST. ELMO COURT LONDON ROAD |
| 14 Nov 2023 | £158,344 | £156,000 | 67 STEVENAGE ROAD |
| 3 Nov 2023 | £197,930 | £195,000 | 13 PRIORY COURT |
| 17 Jul 2023 | £268,615 | £265,000 | 23 PRIORY COURT |
| 28 Feb 2023 | £274,815 | £275,000 | 6 THE MAPLES |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Dec 2020. Using an estimated price of £371,008 means this house is valued at £4,946 per sq meter (£459 per sq foot).
The average size of a house on STEVENAGE ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Elmo Court |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near A602 |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Traherne Close |