£460,282
This estimated value is based upon the latest sale price for the house of £370,000 on 13 Sep 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 |
|---|---|
| £370,000 | 13 Sep 2018 |
| £185,000 | 11 Dec 2008 |
| £172,000 | 10 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £370,000 results in an estimated price of approximately £460,282.
| 13 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £370,000 | £90,282 | £460,282 |
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 | 28.726 % | £106,286 | £476,286 |
| 3 Month Average | 14.775 % | £54,666 | £424,666 |
| 6 Month Average | 22.554 % | £83,449 | £453,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £160,000 | £160,000 | 8 LAWRENCE CLOSE |
| 27 Oct 2023 | £393,947 | £385,000 | 84 HIGHOVER WAY |
| 7 Sep 2023 | £449,918 | £440,000 | 19 TRISTRAM ROAD |
| 25 Aug 2023 | £473,541 | £465,000 | 76 HIGHOVER WAY |
| 23 Aug 2023 | £453,173 | £445,000 | 5 TRISTRAM ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 26 Mar 2018. Using an estimated price of £460,282 means this house is valued at £5,977 per sq meter (£555 per sq foot).
The average size of a house on STURGEONS WAY is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sturgeon'S Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sturgeon'S Way |
| May 2024 | Public order | Unable to prosecute suspect | On or near Sturgeon'S Way |
| Jul 2024 | Public order | Under investigation | On or near Tristram Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Close |