£1,113,208
This estimated value is based upon the latest sale price for the house of £1,050,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £1,050,000 | 28 Jan 2022 |
| £819,950 | 11 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,113,208.
| 28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £1,050,000 | £63,208 | £1,113,208 |
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 | 70.295 % | £738,102 | £1,788,102 |
| 3 Month Average | 2.738 % | £28,744 | £1,078,744 |
| 6 Month Average | 6.353 % | £66,711 | £1,116,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £410,418 | £400,000 | 103 SYMONDS ROAD |
| 25 Aug 2023 | £407,347 | £400,000 | 37 SYMONDS ROAD |
| 21 Aug 2023 | £524,459 | £515,000 | 67 SYMONDS ROAD |
| 11 Aug 2023 | £402,255 | £395,000 | 71 SYMONDS ROAD |
| 3 Aug 2023 | £397,163 | £390,000 | 42 CHALKDELL PATH |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 9 Aug 2017. Using an estimated price of £1,113,208 means this house is valued at £6,626 per sq meter (£615 per sq foot).
The average size of a house on TALBOT STREET is 140 sq meters (1,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Talbot Street |
| Nov 2024 | Other theft | Under investigation | On or near Firs Close |
| Nov 2024 | Other theft | Under investigation | On or near Firs Close |
| Aug 2024 | Shoplifting | Under investigation | On or near Firs Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Firs Close |