£938,673
This estimated value is based upon the latest sale price for the house of £555,000 on 13 Apr 2011. 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 Gray'S Lane
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
Price Paid | Date |
---|---|
£555,000 | 13 Apr 2011 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,663 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 2011 the House Price Index for HERTFORDSHIRE was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £555,000 results in an estimated price of approximately £938,673.
13 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 146.7 | 69.130 % | £555,000 | £383,673 | £938,673 |
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 | 103.193 % | £572,722 | £1,127,722 |
3 Month Average | 91.421 % | £507,386 | £1,062,386 |
6 Month Average | 75.203 % | £417,377 | £972,377 |
This house has a floor area of 154 sq meters or 1,663 sq feet when measured on 16 Nov 2010.
There is one other house on the street which we know the size of, this is 5 PIRTON CLOSE it is 141.65
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Gray'S Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gray'S Lane |
Jan 2024 | Anti-social behaviour | On or near High View | |
Jan 2024 | Anti-social behaviour | On or near High View | |
Jan 2024 | Anti-social behaviour | On or near High View |