£279,030
This estimated value is based upon the latest sale price for the house of £258,000 on 10 Nov 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £258,000 | 10 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
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 November 2021 the House Price Index for HERTFORDSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £258,000 results in an estimated price of approximately £279,030.
| 10 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £258,000 | £21,030 | £279,030 |
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 | 195.914 % | £505,457 | £763,457 |
| 3 Month Average | 10.402 % | £26,836 | £284,836 |
| 6 Month Average | -5.550 % | £-14,318 | £243,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £426,312 | £420,000 | 3 DACRE ROAD |
| 21 Jul 2023 | £375,048 | £370,000 | 20 DACRE ROAD |
| 21 Apr 2023 | £242,612 | £240,000 | 66 DACRE ROAD |
| 26 May 2022 | £211,995 | £208,000 | 70 DACRE ROAD |
| 10 Nov 2021 | £279,031 | £258,000 | 6 WILLIAM MOSS BUILDINGS, 57 NIGHTINGALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |