£422,343
This estimated value is based upon the latest sale price for the house of £280,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bancroft, Hitchin, SG5 1LA
Phone: 01462228860
| Price Paid | Date |
|---|---|
| £280,000 | 4 Jul 2014 |
| £249,000 | 7 Sep 2007 |
| £165,000 | 22 Feb 2002 |
| £60,000 | 4 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2014 the House Price Index for HERTFORDSHIRE was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £280,000 results in an estimated price of approximately £422,343.
| 4 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £280,000 | £142,343 | £422,343 |
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 | 86.788 % | £243,005 | £523,005 |
| 3 Month Average | 57.469 % | £160,913 | £440,913 |
| 6 Month Average | 56.201 % | £157,361 | £437,361 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 16 Jan 2014.
The average size of a house on LAMMAS MEAD is 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lammas Mead |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lammas Mead |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lammas Mead |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Hale Way |
| Jan 2024 | Burglary | Under investigation | On or near Old Hale Way |