£907,942
This estimated value is based upon the latest sale price for the house of £900,000 on 4 Aug 2023. 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 |
|---|---|
| £900,000 | 4 Aug 2023 |
| £685,000 | 1 Aug 2018 |
| Detached |
| Freehold |
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 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £900,000 results in an estimated price of approximately £907,942.
| 4 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £900,000 | £7,942 | £907,942 |
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 | -10.919 % | £-98,268 | £801,731 |
| 3 Month Average | 33.696 % | £303,261 | £1,203,261 |
| 6 Month Average | 9.573 % | £86,154 | £986,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £907,943 | £900,000 | LAW HALL HOUSE LAW HALL LANE |
| 14 Jul 2023 | £268,615 | £265,000 | 4 LAW HALL COTTAGES |
| 3 Mar 2023 | £1,463,791 | £1,450,000 | BAILEYS FARM |
| 1 Jul 2022 | £315,850 | £315,000 | 45 ORCHARD WAY |
| 10 Jun 2022 | £608,601 | £600,000 | 17 CHAPEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Heath Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Heath Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bendish Lane |
| Jan 2024 | Anti-social behaviour | On or near Chime Dell | |
| Jan 2024 | Anti-social behaviour | On or near Chime Dell |