£341,755
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bancroft, Hitchin, SG5 1LA
Phone: 01462228860
| Price Paid | Date |
|---|---|
| £230,000 | 30 Sep 2014 |
| £192,500 | 31 Jan 2007 |
| £174,250 | 16 Aug 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 814 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 September 2014 the House Price Index for HERTFORDSHIRE was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £230,000 results in an estimated price of approximately £341,755.
| 30 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £230,000 | £111,755 | £341,755 |
The Postcode Pricing Model uses changes in average sales price within the SG5 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 | 36.998 % | £85,096 | £315,096 |
| 3 Month Average | 56.080 % | £128,983 | £358,983 |
| 6 Month Average | 55.334 % | £127,267 | £357,267 |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 24 Nov 2010.
The average size of a house on BANCROFT is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Bancroft |