£888,476
This estimated value is based upon the latest sale price for the house of £242,333 on 17 Nov 2000. 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 Stotfold Road
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £242,333 | 17 Nov 2000 |
| £147,000 | 7 Oct 1997 |
| Detached |
| 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 November 2000 the House Price Index for HERTFORDSHIRE was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £242,333 results in an estimated price of approximately £888,476.
| 17 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £242,333 | £646,143 | £888,476 |
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 | 241.570 % | £585,404 | £827,737 |
| 3 Month Average | 254.429 % | £616,566 | £858,899 |
| 6 Month Average | 238.392 % | £577,702 | £820,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £445,000 | £445,000 | 84 GROVELANDS AVENUE |
| 9 Feb 2023 | £679,539 | £675,000 | 87 GROVELANDS AVENUE |
| 12 Jul 2022 | £631,326 | £625,000 | 13 STOTFOLD ROAD |
| 3 Mar 2022 | £782,950 | £750,000 | 245 CAMBRIDGE ROAD |
| 10 Feb 2022 | £597,955 | £566,000 | 18 HARKNESS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Stotfold Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stotfold Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |