£204,947
This estimated value is based upon the latest sale price for the house of £150,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £150,000 | 18 Dec 2015 |
| £39,500 | 29 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 December 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £150,000 results in an estimated price of approximately £204,947.
| 18 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £150,000 | £54,947 | £204,947 |
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 | 82.991 % | £124,486 | £274,486 |
| 3 Month Average | 43.102 % | £64,652 | £214,652 |
| 6 Month Average | 42.359 % | £63,538 | £213,538 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 28 Aug 2014.
The average size of a house on WALSH CLOSE is 110 sq meters (1,184 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Winston Close | |
| Mar 2024 | Anti-social behaviour | On or near Winston Close | |
| 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 |
| Mar 2024 | Drugs | Local resolution | On or near Upper Tilehouse Street |