£571,402
This estimated value is based upon the latest sale price for the house of £337,500 on 24 Nov 2010. 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 |
|---|---|
| £337,500 | 24 Nov 2010 |
| £249,950 | 23 Jan 2004 |
| £249,950 | 23 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 803 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 November 2010 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £337,500 results in an estimated price of approximately £571,402.
| 24 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £337,500 | £233,902 | £571,402 |
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 | 84.327 % | £284,603 | £622,103 |
| 3 Month Average | 75.244 % | £253,949 | £591,449 |
| 6 Month Average | 68.684 % | £231,808 | £569,308 |
This house has a floor area of 74 sq meters or 803 sq feet when measured on 9 Aug 2010.
The average size of a house on GREENSIDE DRIVE is 129 sq meters (1,395 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenside Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Talbot Street |
| Mar 2024 | Anti-social behaviour | On or near Firs Close | |
| Mar 2024 | Other theft | Under investigation | On or near Firs Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Firs Close |