£537,185
This estimated value is based upon the latest sale price for the house of £349,000 on 15 Jul 2014. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £349,000 | 15 Jul 2014 |
| £272,500 | 19 Sep 2012 |
| £247,950 | 25 Feb 2003 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in July 2014 the House Price Index for CENTRAL BEDFORDSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £349,000 results in an estimated price of approximately £537,185.
| 15 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £349,000 | £188,185 | £537,185 |
The Postcode Pricing Model uses changes in average sales price within the SG17 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 | 19.402 % | £67,711 | £416,711 |
| 3 Month Average | 35.515 % | £123,947 | £472,947 |
| 6 Month Average | 47.517 % | £165,832 | £514,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £621,204 | £610,000 | 19 CONEYGATE |
| 7 Mar 2023 | £406,793 | £400,000 | 7 BANLAND CROFT |
| 21 Dec 2021 | £415,534 | £385,000 | 73 HIGH STREET |
| 3 Dec 2021 | £431,723 | £400,000 | 65 HIGH STREET |
| 25 Oct 2021 | £5,092 | £4,568 | 11 FOWLERS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Taylors Close |
| Jul 2024 | Anti-social behaviour | On or near The Acres | |
| Jul 2024 | Anti-social behaviour | On or near The Acres | |
| Jul 2024 | Anti-social behaviour | On or near The Acres | |
| Jul 2024 | Anti-social behaviour | On or near The Acres |