£492,567
This estimated value is based upon the latest sale price for the house of £394,550 on 10 Jul 2018. 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 |
---|---|
£394,550 | 10 Jul 2018 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £394,550 results in an estimated price of approximately £492,567.
10 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £394,550 | £98,017 | £492,567 |
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 | -8.162 % | £-32,204 | £362,345 |
3 Month Average | 1.762 % | £6,952 | £401,502 |
6 Month Average | 7.247 % | £28,594 | £423,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £587,781 | £578,750 | 33 GAINSFORD CRESCENT |
10 Aug 2023 | £488,816 | £480,000 | 28 MILLARD WAY |
10 Feb 2022 | £597,955 | £566,000 | 18 HARKNESS WAY |
6 Oct 2021 | £1,170,402 | £1,050,000 | 30 MILLARD WAY |
29 Sep 2021 | £441,827 | £407,000 | 26 FRENSHAM DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Feb 2018. Using an estimated price of £492,568 means this house is valued at £5,412 per sq meter (£502 per sq foot).
The average size of a house on HARKNESS WAY is 99 sq meters (1,073 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Stotfold Road |