£485,117
This estimated value is based upon the latest sale price for the house of £318,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £318,000 | 7 Aug 2014 |
| £243,500 | 7 Oct 2011 |
| £133,000 | 20 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 786 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 August 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £318,000 results in an estimated price of approximately £485,117.
| 7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £318,000 | £167,117 | £485,117 |
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 | 65.853 % | £209,411 | £527,411 |
| 3 Month Average | 60.157 % | £191,299 | £509,299 |
| 6 Month Average | 49.602 % | £157,734 | £475,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £460,458 | £450,000 | 31 FOSTER DRIVE |
| 15 Jun 2023 | £408,180 | £400,000 | 10 FRANCIS CLOSE |
| 13 Jun 2023 | £413,282 | £405,000 | 4 FRANCIS CLOSE |
| 8 Jul 2022 | £262,632 | £260,000 | 24 MORELLO GARDENS |
| 19 May 2022 | £1,206,430 | £1,175,000 | 33 BLACKHORSE LANE |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 6 Apr 2010. Using an estimated price of £485,118 means this house is valued at £6,637 per sq meter (£616 per sq foot).
The average size of a house on BLACKHORSE LANE is 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Matthew Gate |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Matthew Gate |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Matthew Gate |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Paddock |