£580,361
This estimated value is based upon the latest sale price for the house of £475,001 on 3 Dec 2019. 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 |
|---|---|
| £475,001 | 3 Dec 2019 |
| £285,000 | 27 Jan 2017 |
| £175,000 | 21 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 December 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £475,001 results in an estimated price of approximately £580,361.
| 3 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £475,001 | £105,360 | £580,361 |
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 | 85.595 % | £406,579 | £881,580 |
| 3 Month Average | 57.321 % | £272,274 | £747,275 |
| 6 Month Average | 24.277 % | £115,316 | £590,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £449,017 | £447,500 | 36 CADWELL LANE |
| 25 Aug 2023 | £398,423 | £396,000 | UNIT 23 CAM CENTRE WILBURY WAY |
| 8 Jun 2023 | £655,313 | £650,000 | 20 CADWELL LANE |
| 24 Mar 2023 | £477,582 | £475,000 | 30 CADWELL LANE |
| 17 Mar 2023 | £201,087 | £200,000 | 8 GROVE HOUSE CADWELL LANE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 12 Aug 2019. Using an estimated price of £580,362 means this house is valued at £5,862 per sq meter (£544 per sq foot).
The average size of a house on HILLFIELD AVENUE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Girdle Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadwell Lane |
| Apr 2024 | Burglary | Under investigation | On or near Wallace Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Watersmeet |
| Apr 2024 | Anti-social behaviour | On or near Watersmeet |