£410,001
This estimated value is based upon the latest sale price for the house of £320,000 on 26 Jun 2017. 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 |
|---|---|
| £320,000 | 26 Jun 2017 |
| £176,000 | 12 Apr 2013 |
| £157,950 | 16 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 739 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 June 2017 the House Price Index for HERTFORDSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £320,000 results in an estimated price of approximately £410,001.
| 26 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £320,000 | £90,001 | £410,001 |
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 | 39.631 % | £126,817 | £446,817 |
| 3 Month Average | 42.690 % | £136,607 | £456,607 |
| 6 Month Average | 44.701 % | £143,042 | £463,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £362,884 | £358,000 | 80 STEVENAGE ROAD |
| 28 Feb 2023 | £274,815 | £275,000 | 6 THE MAPLES |
| 26 Jan 2023 | £423,007 | £425,000 | 1 TRAHERNE CLOSE |
| 18 Aug 2022 | £129,651 | £130,000 | 41 THE MAPLES |
| 27 May 2022 | £482,288 | £473,200 | 36 CONQUEST CLOSE |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 29 Jan 2009. Using an estimated price of £410,002 means this house is valued at £5,968 per sq meter (£554 per sq foot).
The average size of a house on STEVENAGE ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Traherne Close |
| 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 | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |