£735,632
This estimated value is based upon the latest sale price for the house of £585,000 on 20 Apr 2018. 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 |
|---|---|
| £585,000 | 20 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £585,000 results in an estimated price of approximately £735,632.
| 20 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £585,000 | £150,632 | £735,632 |
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 | 78.867 % | £461,373 | £1,046,373 |
| 3 Month Average | 30.749 % | £179,880 | £764,880 |
| 6 Month Average | 34.780 % | £203,463 | £788,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £587,781 | £578,750 | 33 GAINSFORD CRESCENT |
| 9 Feb 2023 | £679,539 | £675,000 | 87 GROVELANDS AVENUE |
| 10 Feb 2022 | £597,955 | £566,000 | 18 HARKNESS WAY |
| 17 Nov 2021 | £441,255 | £405,000 | 32 HARKNESS WAY |
| 29 Sep 2021 | £441,827 | £407,000 | 26 FRENSHAM DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Jan 2018. Using an estimated price of £735,633 means this house is valued at £6,287 per sq meter (£584 per sq foot).
The average size of a house on GAINSFORD CRESCENT is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Frensham Drive | |
| 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 |
| Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Stotfold Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hampden Road |