£487,883
This estimated value is based upon the latest sale price for the house of £116,000 on 10 Sep 1999. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £116,000 | 10 Sep 1999 |
| £78,000 | 14 Jun 1996 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in September 1999 the House Price Index for BEDFORDSHIRE was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £116,000 results in an estimated price of approximately £487,883.
| 10 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £116,000 | £371,883 | £487,883 |
The Postcode Pricing Model uses changes in average sales price within the SG16 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 | 339.167 % | £393,434 | £509,434 |
| 3 Month Average | 353.690 % | £410,280 | £526,280 |
| 6 Month Average | 324.530 % | £376,455 | £492,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £325,824 | £321,000 | 15 FAKESWELL LANE |
| 22 Sep 2023 | £584,980 | £577,500 | 3 SHANNON CLOSE |
| 18 Sep 2023 | £321,106 | £317,000 | 2A STATION ROAD |
| 14 Sep 2023 | £253,233 | £249,995 | 36 LONG CLOSE |
| 1 Sep 2023 | £445,699 | £440,000 | 27 HILLSIDE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brittains Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brittains Rise |
| Mar 2024 | Anti-social behaviour | On or near Shannon Close | |
| Mar 2024 | Anti-social behaviour | On or near Shannon Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Road |