£469,593
This estimated value is based upon the latest sale price for the house of £434,460 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £434,460 | 30 Jun 2021 |
| 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 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £434,460 results in an estimated price of approximately £469,593.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £434,460 | £35,133 | £469,593 |
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 | -7.050 % | £-30,631 | £403,828 |
| 3 Month Average | -10.722 % | £-46,583 | £387,876 |
| 6 Month Average | -14.545 % | £-63,192 | £371,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £264,775 | £260,000 | 36 MORELLO GARDENS |
| 15 Jun 2023 | £408,180 | £400,000 | 10 FRANCIS CLOSE |
| 13 Jun 2023 | £413,282 | £405,000 | 4 FRANCIS CLOSE |
| 31 Mar 2023 | £274,586 | £270,000 | 13 MORELLO GARDENS |
| 31 Mar 2022 | £276,642 | £265,000 | 25 MORELLO GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Matthew Gate |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Matthew Gate |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Matthew Gate |
| Oct 2024 | Anti-social behaviour | On or near Alpine Close |