£388,164
This estimated value is based upon the latest sale price for the house of £390,000 on 28 Feb 2023. 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 |
|---|---|
| £390,000 | 28 Feb 2023 |
| £239,000 | 7 Nov 2014 |
| £139,995 | 1 Dec 2011 |
| £62,000 | 22 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 February 2023 the House Price Index for HERTFORDSHIRE was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £390,000 results in an estimated price of approximately £388,164.
| 28 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £390,000 | £-1,835 | £388,164 |
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 | -3.429 % | £-13,372 | £376,627 |
| 3 Month Average | 29.434 % | £114,791 | £504,791 |
| 6 Month Average | -2.657 % | £-10,360 | £379,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £101,300 | £100,000 | 87 WEDGEWOOD ROAD |
| 21 Nov 2023 | £369,747 | £365,000 | 25 KEATS WAY |
| 3 Aug 2023 | £402,447 | £400,000 | 36 HARDY CLOSE |
| 28 Apr 2023 | £438,257 | £435,000 | 150 HARDY CLOSE |
| 28 Feb 2023 | £388,164 | £390,000 | 47 HARDY CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Sep 2021. Using an estimated price of £388,164 means this house is valued at £4,085 per sq meter (£379 per sq foot).
The average size of a house on HARDY CLOSE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Hardy Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |