£750,000
This estimated value is based upon the latest sale price for the house of £750,000 on 22 Mar 2024. 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 |
|---|---|
| £750,000 | 22 Mar 2024 |
| 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 March 2024 the House Price Index for HERTFORDSHIRE was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £750,000 results in an estimated price of approximately £750,000.
| 22 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £750,000 | £0 | £750,000 |
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 | -14.199 % | £-106,490 | £643,509 |
| 3 Month Average | 4.883 % | £36,626 | £786,626 |
| 6 Month Average | -7.414 % | £-55,605 | £694,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £750,000 | £750,000 | 27 BESSEMER CLOSE |
| 13 Mar 2024 | £795,000 | £795,000 | 28 BESSEMER CLOSE |
| 14 Dec 2023 | £157,760 | £155,000 | 23 SHEPHERDS MEAD |
| 24 Aug 2023 | £706,178 | £700,000 | 37 BESSEMER CLOSE |
| 24 Aug 2023 | £764,185 | £757,500 | 52 BESSEMER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Willow Tree Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Tree Way |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Tree Way |
| Jan 2024 | Anti-social behaviour | On or near Willow Tree Way |