£482,255
This estimated value is based upon the latest sale price for the house of £480,000 on 1 Aug 2022. 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 |
|---|---|
| £480,000 | 1 Aug 2022 |
| Terraced |
| Freehold |
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 August 2022 the House Price Index for HERTFORDSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £480,000 results in an estimated price of approximately £482,255.
| 1 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £480,000 | £2,255 | £482,255 |
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 | -9.106 % | £-43,710 | £436,289 |
| 3 Month Average | -6.074 % | £-29,154 | £450,845 |
| 6 Month Average | -2.732 % | £-13,113 | £466,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £656,163 | £636,000 | 12 CEDAR AVENUE |
| 16 Jun 2023 | £530,634 | £520,000 | 21 CEDAR AVENUE |
| 1 Aug 2022 | £482,255 | £480,000 | 18 ST KATHERINES CLOSE |
| 25 Mar 2022 | £619,052 | £593,000 | 2 CEDAR AVENUE |
| 17 Dec 2021 | £485,689 | £450,000 | 16 ST KATHERINES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Greenfield Avenue | |
| Sep 2024 | Public order | Under investigation | On or near Greenfield Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenfield Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Greenfield Avenue |
| Aug 2024 | Anti-social behaviour | On or near Greenfield Avenue |