£261,109
This estimated value is based upon the latest sale price for the house of £202,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
Price Paid | Date |
---|---|
£202,000 | 7 Apr 2017 |
£125,000 | 14 Aug 2009 |
£110,000 | 20 May 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 737 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 April 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £202,000 results in an estimated price of approximately £261,109.
7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £202,000 | £59,109 | £261,109 |
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 | 13.957 % | £28,193 | £230,193 |
3 Month Average | 32.970 % | £66,599 | £268,599 |
6 Month Average | 11.594 % | £23,420 | £225,420 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £350,184 | £345,000 | 132 HINE WAY |
25 Sep 2023 | £217,785 | £215,000 | 34 DUGDALE COURT |
20 Sep 2023 | £152,956 | £151,000 | 55 MOSS WAY |
14 Aug 2023 | £209,331 | £207,500 | 31 DUGDALE COURT |
21 Jul 2022 | £421,134 | £420,000 | 52 KINGS HEDGES |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 17 Mar 2009. Using an estimated price of £261,110 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on MOSS WAY is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bingen Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bingen Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bingen Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bingen Road |
Feb 2024 | Anti-social behaviour | On or near Bingen Road |