£390,819
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Paynes Park, Hitchin, SG5 1EH
Phone: 01462228482
| Price Paid | Date |
|---|---|
| £250,000 | 7 Feb 2014 |
| Detached |
| Freehold |
| 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 February 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £250,000 results in an estimated price of approximately £390,819.
| 7 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £250,000 | £140,819 | £390,819 |
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 | 66.887 % | £167,216 | £417,216 |
| 3 Month Average | 60.702 % | £151,754 | £401,754 |
| 6 Month Average | 58.354 % | £145,885 | £395,885 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Apr 2009.
The average size of a house on CHALKDELL PATH is 72 sq meters (778 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenside Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Talbot Street |
| Mar 2024 | Anti-social behaviour | On or near Firs Close | |
| Mar 2024 | Other theft | Under investigation | On or near Firs Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Firs Close |