£354,341
This estimated value is based upon the latest sale price for the house of £65,000 on 18 Sep 1996. 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 |
|---|---|
| £65,000 | 18 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 September 1996 the House Price Index for HERTFORDSHIRE was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £65,000 results in an estimated price of approximately £354,341.
| 18 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £65,000 | £289,341 | £354,341 |
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 | 564.111 % | £366,672 | £431,672 |
| 3 Month Average | 529.407 % | £344,114 | £409,114 |
| 6 Month Average | 516.294 % | £335,591 | £400,591 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 27 Jul 2020.
The average size of a house on REDHILL ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Nutleigh Grove | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Nutleigh Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nutleigh Grove |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Nutleigh Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nutleigh Grove |