£241,160
This estimated value is based upon the latest sale price for the house of £45,995 on 27 Feb 1997. 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 |
---|---|
£45,995 | 27 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 1997 the House Price Index for HERTFORDSHIRE was 28.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 424.319%.Applying this 424.319% change to the original purchase price of £45,995 results in an estimated price of approximately £241,160.
27 Feb 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 148.0 | 424.319 % | £45,995 | £195,165 | £241,160 |
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 | 556.722 % | £256,064 | £302,059 |
3 Month Average | 648.461 % | £298,259 | £344,254 |
6 Month Average | 533.600 % | £245,429 | £291,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £735,485 | £733,000 | 5 WORSDELL WAY |
26 Jan 2023 | £183,389 | £185,000 | 43 WEDGEWOOD ROAD |
20 Jan 2023 | £213,128 | £215,000 | 58 WEDGEWOOD ROAD |
20 Sep 2022 | £528,571 | £535,000 | 10 PEPPERCORN WALK |
25 Aug 2022 | £183,758 | £185,000 | 62 WEDGEWOOD ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 26 Apr 2019. Using an estimated price of £241,161 means this house is valued at £4,921 per sq meter (£457 per sq foot).
The average size of a house on WEDGEWOOD ROAD is 46 sq meters (505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worsdell Way |
Mar 2024 | Drugs | Local resolution | On or near Worsdell Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worsdell Way |
Jan 2024 | Anti-social behaviour | On or near Worsdell Way | |
Jan 2024 | Anti-social behaviour | On or near Worsdell Way |