£659,817
This estimated value is based upon the latest sale price for the house of £387,000 on 23 May 2011. 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 |
|---|---|
| £387,000 | 23 May 2011 |
| £280,000 | 2 May 2003 |
| £118,500 | 13 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,604 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 May 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.496%.Applying this 70.496% change to the original purchase price of £387,000 results in an estimated price of approximately £659,817.
| 23 May 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.496 % | £387,000 | £272,817 | £659,817 |
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 | 71.570 % | £276,975 | £663,975 |
| 3 Month Average | 75.562 % | £292,424 | £679,424 |
| 6 Month Average | 73.547 % | £284,626 | £671,626 |
This house has a floor area of 149 sq meters or 1,604 sq feet when measured on 18 Feb 2011.
The average size of a house on BESSEMER CLOSE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Tree Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Tree Way |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Tree Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Willow Tree Way |