£545,443
This estimated value is based upon the latest sale price for the house of £213,500 on 5 Dec 2002. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £213,500 | 5 Dec 2002 |
| £112,000 | 14 Jun 1999 |
| 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 December 2002 the House Price Index for HERTFORDSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £213,500 results in an estimated price of approximately £545,443.
| 5 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £213,500 | £331,943 | £545,443 |
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 | 187.057 % | £399,366 | £612,866 |
| 3 Month Average | 166.483 % | £355,440 | £568,940 |
| 6 Month Average | 168.647 % | £360,062 | £573,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £350,383 | £345,000 | 3 CHAMBERS LANE |
| 24 Nov 2023 | £362,707 | £353,500 | 4 UPPER GREEN |
| 17 Aug 2023 | £310,602 | £305,000 | 4 ST. KATHERINES COTTAGES GREENFIELD LANE |
| 23 Mar 2023 | £352,893 | £347,000 | 61 ARLESEY ROAD |
| 21 Oct 2022 | £139,534 | £140,000 | 42 ICKNIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Greenfield Lane | |
| Sep 2024 | Anti-social behaviour | On or near Greenfield Lane | |
| Aug 2024 | Anti-social behaviour | On or near Chambers Lane | |
| Aug 2024 | Anti-social behaviour | On or near Chambers Lane | |
| Aug 2024 | Anti-social behaviour | On or near Chambers Lane |