£782,949
This estimated value is based upon the latest sale price for the house of £750,000 on 3 Mar 2022. 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 |
|---|---|
| £750,000 | 3 Mar 2022 |
| £325,000 | 23 Apr 2010 |
| £127,000 | 6 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 March 2022 the House Price Index for HERTFORDSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £750,000 results in an estimated price of approximately £782,949.
| 3 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £750,000 | £32,949 | £782,949 |
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 | 13.938 % | £104,533 | £854,533 |
| 3 Month Average | -12.281 % | £-92,103 | £657,896 |
| 6 Month Average | -2.396 % | £-17,966 | £732,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £625,026 | £612,500 | 222 CAMBRIDGE ROAD |
| 12 Jul 2022 | £631,326 | £625,000 | 13 STOTFOLD ROAD |
| 22 Apr 2022 | £643,202 | £620,000 | 96 HAMPDEN ROAD |
| 3 Mar 2022 | £782,950 | £750,000 | 245 CAMBRIDGE ROAD |
| 26 Nov 2021 | £577,445 | £530,000 | 107 HAMPDEN ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 12 Feb 2020. Using an estimated price of £782,950 means this house is valued at £5,150 per sq meter (£478 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |