£338,856
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Oct 2010. 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 |
|---|---|
| £200,000 | 15 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 921 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 2010 the House Price Index for HERTFORDSHIRE was 87.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.428%.Applying this 69.428% change to the original purchase price of £200,000 results in an estimated price of approximately £338,856.
| 15 Oct 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.0 | 69.428 % | £200,000 | £138,856 | £338,856 |
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 | 121.049 % | £242,097 | £442,097 |
| 3 Month Average | 115.822 % | £231,643 | £431,643 |
| 6 Month Average | 87.673 % | £175,345 | £375,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2022 | £296,395 | £300,000 | 9 BENCHLEY HILL |
| 29 Jun 2022 | £429,352 | £425,000 | 2 MILL CLOSE |
| 18 Mar 2022 | £340,586 | £330,000 | 41 MAYLIN CLOSE |
| 10 Dec 2021 | £453,497 | £425,000 | 10 BENCHLEY HILL |
| 6 Dec 2021 | £453,497 | £425,000 | 75 DESBOROUGH ROAD |
This house has a floor area of 85 sq meters or 921 sq feet when measured on 9 Aug 2010. Using an estimated price of £338,857 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on PURWELL LANE is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purwell Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sanfoine Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sanfoine Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sanfoine Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sanfoine Close |