£829,602
This estimated value is based upon the latest sale price for the house of £225,000 on 16 Oct 2000. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Bury End
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £225,000 | 16 Oct 2000 |
| Semi-Detached |
| Freehold |
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 October 2000 the House Price Index for HERTFORDSHIRE was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £225,000 results in an estimated price of approximately £829,602.
| 16 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £225,000 | £604,602 | £829,602 |
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 | 349.241 % | £785,792 | £1,010,792 |
| 3 Month Average | 255.268 % | £574,352 | £799,352 |
| 6 Month Average | 282.746 % | £636,178 | £861,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £907,884 | £900,000 | 8 BURY END |
| 11 Nov 2022 | £1,204,368 | £1,210,000 | 4 HAMBRIDGE WAY |
| 31 Aug 2022 | £668,124 | £665,000 | 6 ST MARYS CLOSE |
| 24 Aug 2022 | £678,171 | £675,000 | 5 ST MARYS CLOSE |
| 9 Aug 2022 | £291,362 | £290,000 | 87 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Bury End |
| Sep 2024 | Anti-social behaviour | On or near Three Closes | |
| Sep 2024 | Anti-social behaviour | On or near Three Closes | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Three Closes |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Farm Close |