£185,376
This estimated value is based upon the latest sale price for the house of £150,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bridge Street, Hitchin, SG5 2DF
Phone: 01462659293
| Price Paid | Date |
|---|---|
| £150,000 | 6 Dec 2019 |
| £43,500 | 12 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £150,000 results in an estimated price of approximately £185,376.
| 6 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £150,000 | £35,376 | £185,376 |
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 | 74.606 % | £111,908 | £261,908 |
| 3 Month Average | 30.139 % | £45,209 | £195,209 |
| 6 Month Average | 12.030 % | £18,045 | £168,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £711,176 | £705,000 | 12 MATTHEW GATE |
| 16 Oct 2023 | £460,458 | £450,000 | 31 FOSTER DRIVE |
| 3 Oct 2023 | £583,247 | £570,000 | 43 MATTHEW GATE |
| 15 Jun 2023 | £408,180 | £400,000 | 10 FRANCIS CLOSE |
| 13 Jun 2023 | £413,282 | £405,000 | 4 FRANCIS CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Dec 2013. Using an estimated price of £185,377 means this house is valued at £3,141 per sq meter (£291 per sq foot).
The average size of a house on FRANCIS CLOSE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Francis Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Matthew Gate |
| Oct 2024 | Public order | Under investigation | On or near Matthew Gate |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Matthew Gate |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Folly Close |