£881,948
This estimated value is based upon the latest sale price for the house of £242,333 on 17 Nov 2000. 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 |
|---|---|
| £242,333 | 17 Nov 2000 |
| £147,000 | 7 Oct 1997 |
| Detached |
| Freehold |
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 2000 the House Price Index for HERTFORDSHIRE was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £242,333 results in an estimated price of approximately £881,948.
| 17 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £242,333 | £639,615 | £881,948 |
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 | 263.069 % | £637,502 | £879,835 |
| 3 Month Average | 328.457 % | £795,959 | £1,038,292 |
| 6 Month Average | 275.384 % | £667,346 | £909,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £674,546 | £675,000 | 87 GROVELANDS AVENUE |
| 12 Jul 2022 | £626,687 | £625,000 | 13 STOTFOLD ROAD |
| 3 Mar 2022 | £777,197 | £750,000 | 245 CAMBRIDGE ROAD |
| 10 Feb 2022 | £593,561 | £566,000 | 18 HARKNESS WAY |
| 17 Nov 2021 | £438,013 | £405,000 | 32 HARKNESS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovelands Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampden Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampden Road |