£501,354
This estimated value is based upon the latest sale price for the house of £141,000 on 16 Feb 2001. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £141,000 | 16 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2001 the House Price Index for HERTFORDSHIRE was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £141,000 results in an estimated price of approximately £501,354.
| 16 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £141,000 | £360,354 | £501,354 |
The Postcode Pricing Model uses changes in average sales price within the SG4 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 | 279.738 % | £394,430 | £535,430 |
| 3 Month Average | 260.640 % | £367,502 | £508,502 |
| 6 Month Average | 242.073 % | £341,323 | £482,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £666,929 | £650,000 | 4 MILTON VIEW |
| 31 Oct 2023 | £414,412 | £405,000 | 23 ST MICHAELS ROAD |
| 17 Aug 2023 | £529,551 | £520,000 | 13 MILTON VIEW |
| 17 Aug 2023 | £677,214 | £665,000 | 9 TENNYSON AVENUE |
| 3 Mar 2023 | £317,299 | £312,000 | 31 ST MICHAELS ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Mar 2014. Using an estimated price of £501,354 means this house is valued at £4,285 per sq meter (£398 per sq foot).
The average size of a house on MASEFIELD is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Masefield |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Masefield |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Milton View |
| Oct 2024 | Anti-social behaviour | On or near Sturrock Way | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keats Way |