£319,077
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Oct 2020. 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 |
---|---|
£270,000 | 23 Oct 2020 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 595 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 October 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £270,000 results in an estimated price of approximately £319,077.
23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £270,000 | £49,077 | £319,077 |
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 | 34.127 % | £92,143 | £362,143 |
3 Month Average | 10.344 % | £27,927 | £297,927 |
6 Month Average | 17.812 % | £48,092 | £318,092 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £469,073 | £465,000 | 2A GROVELANDS AVENUE |
11 Oct 2023 | £496,271 | £485,000 | 23 GROVELANDS AVENUE |
25 Aug 2023 | £560,102 | £550,000 | 16 GROVELANDS AVENUE |
21 Aug 2023 | £532,606 | £523,000 | 25 ARMOUR RISE |
10 Aug 2023 | £488,816 | £480,000 | 28 MILLARD WAY |
This house has a floor area of 55 sq meters or 595 sq feet when measured on 30 Nov 2010. Using an estimated price of £319,077 means this house is valued at £5,767 per sq meter (£535 per sq foot).
The average size of a house on CHENNELLS CLOSE is 52 sq meters (567 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Grovelands Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Road |
Jul 2024 | Anti-social behaviour | On or near Franklin Gardens | |
Jun 2024 | Anti-social behaviour | On or near Franklin Gardens | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Franklin Gardens |