£324,145
This estimated value is based upon the latest sale price for the house of £317,000 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
Get our free house price tracker.
7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £317,000 | 18 Sep 2023 |
| £305,000 | 10 Dec 2021 |
| £275,000 | 31 May 2018 |
| £240,000 | 15 Mar 2016 |
| £102,000 | 20 Apr 2001 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in September 2023 the House Price Index for BEDFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £317,000 results in an estimated price of approximately £324,145.
| 18 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £317,000 | £7,145 | £324,145 |
The Postcode Pricing Model uses changes in average sales price within the SG16 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 | -46.978 % | £-148,919 | £168,080 |
| 3 Month Average | -8.155 % | £-25,852 | £291,147 |
| 6 Month Average | -14.972 % | £-47,461 | £269,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £329,361 | £321,000 | 15 FAKESWELL LANE |
| 27 Oct 2023 | £190,323 | £186,000 | 18C FAKESWELL LANE |
| 18 Sep 2023 | £324,146 | £317,000 | 2A STATION ROAD |
| 14 Sep 2023 | £255,630 | £249,995 | 36 LONG CLOSE |
| 1 Sep 2023 | £449,918 | £440,000 | 27 HILLSIDE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Shillington Road | |
| Aug 2024 | Anti-social behaviour | On or near Shillington Road | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Shillington Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Crescent |