£834,734
This estimated value is based upon the latest sale price for the house of £720,000 on 27 Nov 2020. 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 |
---|---|
£720,000 | 27 Nov 2020 |
£290,000 | 17 Dec 2004 |
£176,500 | 6 Aug 1998 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £720,000 results in an estimated price of approximately £834,734.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £720,000 | £114,734 | £834,734 |
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 | 0.580 % | £4,177 | £724,177 |
3 Month Average | 20.372 % | £146,678 | £866,678 |
6 Month Average | 5.783 % | £41,634 | £761,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £262,295 | £260,000 | 36 MORELLO GARDENS |
31 Mar 2023 | £272,568 | £270,000 | 13 MORELLO GARDENS |
4 Jan 2023 | £253,804 | £255,000 | 35 MORELLO GARDENS |
28 Jul 2022 | £912,456 | £910,000 | 5 TURFMEAD |
8 Jul 2022 | £260,702 | £260,000 | 24 MORELLO GARDENS |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 24 Jun 2020. Using an estimated price of £834,735 means this house is valued at £7,014 per sq meter (£651 per sq foot).
The average size of a house on THE PADDOCK is 114 sq meters (1,235 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Morrello Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Morrello Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langbridge Close |