£1,101,795
This estimated value is based upon the latest sale price for the house of £910,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bancroft, Hitchin, SG5 1LA
Phone: 01462228860
Price Paid | Date |
---|---|
£910,000 | 1 Nov 2019 |
£375,000 | 23 May 2008 |
Detached |
Freehold |
Floor Area: 204 sq meters or 2,195 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 November 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.Applying this 21.076% change to the original purchase price of £910,000 results in an estimated price of approximately £1,101,795.
1 Nov 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 146.7 | 21.076 % | £910,000 | £191,795 | £1,101,795 |
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 | 15.477 % | £140,844 | £1,050,844 |
3 Month Average | 9.936 % | £90,421 | £1,000,421 |
6 Month Average | 8.906 % | £81,047 | £991,047 |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 24 Jun 2019.
The average size of a house on LANCASTER AVENUE is 109 sq meters (1,182 sq feet).
This house is the largest in the street with a floor area of 204 sq meters (2,195 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Avenue |
Mar 2024 | Public order | Under investigation | On or near Bearton Road |
Feb 2024 | Anti-social behaviour | On or near Bearton Road | |
Feb 2024 | Anti-social behaviour | On or near Bearton Road | |
Dec 2023 | Burglary | Under investigation | On or near Bearton Road |