£329,360
This estimated value is based upon the latest sale price for the house of £321,000 on 17 Nov 2023. 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 |
|---|---|
| £321,000 | 17 Nov 2023 |
| £180,000 | 12 Aug 2011 |
| £80,000 | 3 Sep 1999 |
| £66,000 | 21 Aug 1998 |
| £55,000 | 31 May 1995 |
| Semi-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 November 2023 the House Price Index for CENTRAL BEDFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £321,000 results in an estimated price of approximately £329,360.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £321,000 | £8,360 | £329,360 |
The Postcode Pricing Model uses changes in average sales price within the SG16 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 | -19.996 % | £-64,186 | £256,813 |
| 3 Month Average | -12.392 % | £-39,778 | £281,221 |
| 6 Month Average | -8.069 % | £-25,900 | £295,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £329,361 | £321,000 | 15 FAKESWELL LANE |
| 27 Oct 2023 | £190,323 | £186,000 | 18C FAKESWELL LANE |
| 18 Sep 2023 | £324,146 | £317,000 | 2A STATION ROAD |
| 14 Sep 2023 | £255,630 | £249,995 | 36 LONG CLOSE |
| 23 Aug 2023 | £432,806 | £425,000 | 2 FAKESWELL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Cooper Close | |
| Aug 2024 | Anti-social behaviour | On or near Cooper Close | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Cooper Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Crescent |