£310,347
This estimated value is based upon the latest sale price for the house of £293,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £293,000 | 25 Jun 2021 |
| £143,000 | 19 Jan 2007 |
| 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £293,000 results in an estimated price of approximately £310,347.
| 25 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £293,000 | £17,347 | £310,347 |
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 | 2.425 % | £7,104 | £300,104 |
| 3 Month Average | 6.625 % | £19,411 | £312,411 |
| 6 Month Average | -0.666 % | £-1,952 | £291,047 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Feb 2011.
The average size of a house on THE CRESCENT is 114 sq meters (1,232 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Freemans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mattocke Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mattocke Road |