£568,247
This estimated value is based upon the latest sale price for the house of £459,500 on 3 Apr 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 |
|---|---|
| £459,500 | 3 Apr 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 April 2020 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £459,500 results in an estimated price of approximately £568,247.
| 3 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £459,500 | £108,747 | £568,247 |
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 | -5.462 % | £-25,096 | £434,403 |
| 3 Month Average | 10.472 % | £48,119 | £507,619 |
| 6 Month Average | 17.780 % | £81,700 | £541,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £445,000 | £445,000 | 84 GROVELANDS AVENUE |
| 20 Jun 2023 | £625,026 | £612,500 | 222 CAMBRIDGE ROAD |
| 9 Feb 2023 | £679,539 | £675,000 | 87 GROVELANDS AVENUE |
| 12 Jul 2022 | £631,326 | £625,000 | 13 STOTFOLD ROAD |
| 3 Mar 2022 | £782,950 | £750,000 | 245 CAMBRIDGE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Jun 2019. Using an estimated price of £568,248 means this house is valued at £6,685 per sq meter (£621 per sq foot).
The average size of a house on FRENSHAM DRIVE is 75 sq meters (811 sq feet).
| 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 |