£170,069
This estimated value is based upon the latest sale price for the house of £110,000 on 27 May 2014. 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 |
|---|---|
| £110,000 | 27 May 2014 |
| £85,000 | 29 Aug 2003 |
| £30,000 | 27 Feb 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 427 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 May 2014 the House Price Index for HERTFORDSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £110,000 results in an estimated price of approximately £170,069.
| 27 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £110,000 | £60,069 | £170,069 |
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 | 48.035 % | £52,838 | £162,838 |
| 3 Month Average | 86.490 % | £95,138 | £205,138 |
| 6 Month Average | 73.631 % | £80,994 | £190,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £362,884 | £358,000 | 80 STEVENAGE ROAD |
| 26 Jan 2023 | £423,007 | £425,000 | 1 TRAHERNE CLOSE |
| 8 Apr 2022 | £443,843 | £431,000 | 14 FOSTER DRIVE |
| 1 Apr 2022 | £329,536 | £320,000 | 90 STEVENAGE ROAD |
| 30 Sep 2021 | £439,658 | £408,000 | 8 FOLLY CLOSE |
This house has a floor area of 39 sq meters or 427 sq feet when measured on 30 Oct 2008. Using an estimated price of £170,070 means this house is valued at £4,283 per sq meter (£397 per sq foot).
The average size of a house on STEVENAGE ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |