£348,556
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Jun 2004. 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 |
|---|---|
| £175,000 | 18 Jun 2004 |
| Semi-Detached |
| 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 June 2004 the House Price Index for HERTFORDSHIRE was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £175,000 results in an estimated price of approximately £348,556.
| 18 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £175,000 | £173,556 | £348,556 |
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 | 109.419 % | £191,483 | £366,483 |
| 3 Month Average | 101.890 % | £178,306 | £353,306 |
| 6 Month Average | 99.804 % | £174,656 | £349,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £306,762 | £300,000 | 56 ALLWOODS PLACE |
| 10 Aug 2023 | £301,870 | £296,425 | CONVENIENCE STORE, 84 CAMBRIDGE ROAD |
| 19 Apr 2023 | £227,760 | £223,500 | 4 WILLIAN ROAD |
| 13 Apr 2023 | £234,384 | £230,000 | 43 ALLWOODS PLACE |
| 24 Aug 2022 | £205,963 | £205,000 | 16 GREEN LANE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Franklin Gardens | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklin Gardens |