£439,402
This estimated value is based upon the latest sale price for the house of £435,000 on 5 Jul 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £435,000 | 5 Jul 2022 |
| £185,000 | 11 Dec 2008 |
| £93,750 | 30 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,066 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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £435,000 results in an estimated price of approximately £439,402.
| 5 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £435,000 | £4,402 | £439,402 |
The Postcode Pricing Model uses changes in average sales price within the SG5 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 | -42.046 % | £-182,899 | £252,100 |
| 3 Month Average | -2.094 % | £-9,109 | £425,890 |
| 6 Month Average | -2.490 % | £-10,830 | £424,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £353,986 | £345,000 | 132 HINE WAY |
| 20 Sep 2023 | £154,404 | £151,000 | 55 MOSS WAY |
| 21 Jul 2022 | £424,251 | £420,000 | 52 KINGS HEDGES |
| 5 Jul 2022 | £439,403 | £435,000 | 12 MOSS WAY |
| 16 Jun 2022 | £388,300 | £380,000 | 8 KINGS HEDGES |
This house has a floor area of 99 sq meters or 1,066 sq feet when measured on 3 Oct 2008. Using an estimated price of £439,403 means this house is valued at £4,433 per sq meter (£411 per sq foot).
The average size of a house on MOSS WAY is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bingen Road |
| Oct 2024 | Anti-social behaviour | On or near Bingen Road | |
| Oct 2024 | Anti-social behaviour | On or near Bingen Road | |
| Oct 2024 | Anti-social behaviour | On or near Bingen Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bingen Road |