£332,746
This estimated value is based upon the latest sale price for the house of £192,000 on 30 Mar 2011. 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 |
|---|---|
| £192,000 | 30 Mar 2011 |
| Flats/Maisonettes |
| Leasehold |
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 March 2011 the House Price Index for HERTFORDSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £192,000 results in an estimated price of approximately £332,746.
| 30 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £192,000 | £140,746 | £332,746 |
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 | 92.883 % | £178,334 | £370,334 |
| 3 Month Average | 91.139 % | £174,986 | £366,986 |
| 6 Month Average | 72.361 % | £138,932 | £330,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £389,897 | £380,000 | 7 COOPERS YARD |
| 9 Nov 2023 | £156,985 | £153,000 | 31 WHITINGS COURT PAYNES PARK |
| 23 Oct 2023 | £337,669 | £330,000 | 47 COOPERS YARD |
| 13 Oct 2023 | £281,391 | £275,000 | 16 COOPERS YARD |
| 1 Sep 2023 | £148,268 | £145,000 | 36 WHITINGS COURT PAYNES PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coopers Yard |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coopers Yard |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Coopers Yard |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Exchange Yard |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Exchange Yard |