£500,887
This estimated value is based upon the latest sale price for the house of £390,000 on 28 Jul 2017. 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 |
|---|---|
| £390,000 | 28 Jul 2017 |
| £244,000 | 30 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 923 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 July 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £390,000 results in an estimated price of approximately £500,887.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £390,000 | £110,887 | £500,887 |
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 | 8.807 % | £34,346 | £424,346 |
| 3 Month Average | 13.195 % | £51,461 | £441,461 |
| 6 Month Average | 14.694 % | £57,306 | £447,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £795,000 | £795,000 | 100 STRATHMORE AVENUE |
| 7 Mar 2024 | £589,050 | £580,000 | 54 STRATHMORE AVENUE |
| 1 Mar 2024 | £396,085 | £390,000 | 29 HEATHFIELD ROAD |
| 21 Dec 2023 | £414,743 | £401,999 | 8 HEATHFIELD ROAD |
| 14 Dec 2023 | £159,914 | £155,000 | 23 SHEPHERDS MEAD |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 15 Mar 2010. Using an estimated price of £500,887 means this house is valued at £5,836 per sq meter (£542 per sq foot).
The average size of a house on HEATHFIELD ROAD is 58 sq meters (629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Old Hale Way |
| Sep 2024 | Anti-social behaviour | On or near Old Hale Way | |
| Sep 2024 | Anti-social behaviour | On or near Old Hale Way | |
| Sep 2024 | Anti-social behaviour | On or near Old Hale Way | |
| Sep 2024 | Anti-social behaviour | On or near Old Hale Way |