£476,532
This estimated value is based upon the latest sale price for the house of £84,500 on 28 Jun 1996. 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 |
|---|---|
| £84,500 | 28 Jun 1996 |
| 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 June 1996 the House Price Index for HERTFORDSHIRE was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £84,500 results in an estimated price of approximately £476,532.
| 28 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £84,500 | £392,032 | £476,532 |
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 | 483.037 % | £408,166 | £492,666 |
| 3 Month Average | 500.814 % | £423,188 | £507,688 |
| 6 Month Average | 488.049 % | £412,401 | £496,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £445,000 | £445,000 | 84 GROVELANDS AVENUE |
| 14 Mar 2024 | £587,781 | £578,750 | 33 GAINSFORD CRESCENT |
| 10 Aug 2023 | £488,816 | £480,000 | 28 MILLARD WAY |
| 9 Jun 2023 | £489,816 | £480,000 | 57 GROVELANDS AVENUE |
| 28 Feb 2023 | £643,297 | £639,000 | 24 GROVELANDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Stotfold Road |