£663,019
This estimated value is based upon the latest sale price for the house of £365,000 on 4 Jun 2009. 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 |
|---|---|
| £365,000 | 4 Jun 2009 |
| £350,000 | 22 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,260 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 2009 the House Price Index for HERTFORDSHIRE was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.649%.Applying this 81.649% change to the original purchase price of £365,000 results in an estimated price of approximately £663,019.
| 4 Jun 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.649 % | £365,000 | £298,019 | £663,019 |
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 | 96.598 % | £352,583 | £717,583 |
| 3 Month Average | 94.969 % | £346,637 | £711,637 |
| 6 Month Average | 90.232 % | £329,347 | £694,347 |
This house has a floor area of 117 sq meters or 1,260 sq feet when measured on 25 Mar 2009.
The average size of a house on MAXWELLS PATH is 82 sq meters (888 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Firs Close |
| Mar 2024 | Anti-social behaviour | On or near Firs Close | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Firs Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Firs Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Firs Close |