£1,195,989
This estimated value is based upon the latest sale price for the house of £969,000 on 20 Jul 2018. 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 |
|---|---|
| £969,000 | 20 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 July 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £969,000 results in an estimated price of approximately £1,195,989.
| 20 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £969,000 | £226,989 | £1,195,989 |
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 | -2.382 % | £-23,082 | £945,917 |
| 3 Month Average | 23.017 % | £223,031 | £1,192,031 |
| 6 Month Average | 18.971 % | £183,831 | £1,152,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £437,618 | £432,000 | 2 ST. ELMO COURT LONDON ROAD |
| 17 Aug 2022 | £456,913 | £460,000 | 28 STEVENAGE ROAD |
| 22 Jun 2022 | £1,621,782 | £1,605,345 | GREENTREES NEWLANDS LANE |
| 27 May 2022 | £480,340 | £473,200 | 36 CONQUEST CLOSE |
| 13 Apr 2022 | £294,872 | £287,500 | APARTMENT 6 GRIFFIN COURT, 18 STEVENAGE ROAD |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 21 Mar 2018. Using an estimated price of £1,195,990 means this house is valued at £6,607 per sq meter (£613 per sq foot).
The average size of a house on LONDON ROAD is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Anti-social behaviour | On or near St Elmo Court | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Elmo Court |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Newlands Close East |