£339,953
This estimated value is based upon the latest sale price for the house of £297,000 on 30 Jul 2021. 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 |
|---|---|
| £297,000 | 30 Jul 2021 |
| £164,000 | 25 May 2007 |
| £42,000 | 8 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2021 the House Price Index for HERTFORDSHIRE was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £297,000 results in an estimated price of approximately £339,953.
| 30 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £297,000 | £42,953 | £339,953 |
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 | 49.368 % | £146,623 | £443,623 |
| 3 Month Average | 16.145 % | £47,951 | £344,951 |
| 6 Month Average | 0.889 % | £2,639 | £299,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2022 | £355,674 | £360,000 | 194 CHAUCER WAY |
| 29 Jul 2022 | £329,555 | £330,000 | 24 KIPLING CLOSE |
| 20 Jul 2022 | £207,220 | £207,500 | 166 KEATS WAY |
| 23 Sep 2021 | £343,437 | £320,000 | 180 KEATS WAY |
| 30 Jul 2021 | £339,954 | £297,000 | 214 CHAUCER WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Jan 2020. Using an estimated price of £339,954 means this house is valued at £4,047 per sq meter (£375 per sq foot).
The average size of a house on CHAUCER WAY is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Kipling Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kipling Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kipling Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kipling Close |
| Jan 2024 | Anti-social behaviour | On or near Keats Way |