£171,795
This estimated value is based upon the latest sale price for the house of £72,000 on 23 May 2003. 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 Burge End Lane
More crime details
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
Price Paid | Date |
---|---|
£72,000 | 23 May 2003 |
Terraced |
Freehold |
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 May 2003 the House Price Index for HERTFORDSHIRE was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £72,000 results in an estimated price of approximately £171,795.
23 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £72,000 | £99,795 | £171,795 |
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 | 176.248 % | £126,898 | £198,898 |
3 Month Average | 140.906 % | £101,452 | £173,452 |
6 Month Average | 140.730 % | £101,325 | £173,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £274,213 | £270,000 | 1 HIGH STREET |
24 Mar 2023 | £508,492 | £500,000 | WINDIACRE LITTLE LANE |
24 Nov 2022 | £243,860 | £245,000 | 8 SHILLINGTON ROAD |
31 Aug 2022 | £668,124 | £665,000 | 6 ST MARYS CLOSE |
24 Aug 2022 | £678,171 | £675,000 | 5 ST MARYS CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Burge End Lane |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burge End Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Davis Crescent |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Davis Crescent |
Nov 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Way |