£389,062
This estimated value is based upon the latest sale price for the house of £310,000 on 5 Jan 2018. 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 |
|---|---|
| £310,000 | 5 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2018 the House Price Index for HERTFORDSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £310,000 results in an estimated price of approximately £389,062.
| 5 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £310,000 | £79,062 | £389,062 |
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 | 50.487 % | £156,510 | £466,510 |
| 3 Month Average | 40.709 % | £126,197 | £436,197 |
| 6 Month Average | 26.199 % | £81,218 | £391,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £205,629 | £203,000 | FLAT 4 WILSHERE COURT QUEEN STREET |
| 1 Aug 2023 | £554,854 | £550,000 | 3 STANDHILL CLOSE |
| 7 Jul 2023 | £207,797 | £205,000 | FLAT 15 WILSHERE COURT QUEEN STREET |
| 23 Mar 2022 | £829,010 | £800,000 | HAZELDENE STOREHOUSE LANE |
| 20 Dec 2021 | £374,982 | £350,000 | 7 PARK GATE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Nov 2017. Using an estimated price of £389,063 means this house is valued at £5,479 per sq meter (£509 per sq foot).
The average size of a house on QUEEN STREET is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Drugs | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |