£481,244
This estimated value is based upon the latest sale price for the house of £399,000 on 5 Jun 2020. 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 |
|---|---|
| £399,000 | 5 Jun 2020 |
| £400,000 | 18 Dec 2019 |
| £284,995 | 21 Nov 2013 |
| £163,000 | 26 Sep 2002 |
| £90,000 | 31 Mar 1999 |
| £85,000 | 30 Oct 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £399,000 results in an estimated price of approximately £481,244.
| 5 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £399,000 | £82,244 | £481,244 |
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 | 11.572 % | £46,170 | £445,170 |
| 3 Month Average | 42.741 % | £170,536 | £569,536 |
| 6 Month Average | 21.068 % | £84,061 | £483,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £735,485 | £733,000 | 5 WORSDELL WAY |
| 30 Nov 2023 | £101,300 | £100,000 | 87 WEDGEWOOD ROAD |
| 13 Nov 2023 | £427,995 | £422,500 | 18 HOLDBROOK |
| 20 Jan 2023 | £213,128 | £215,000 | 58 WEDGEWOOD ROAD |
| 20 Sep 2022 | £528,571 | £535,000 | 10 PEPPERCORN WALK |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 12 Sep 2012. Using an estimated price of £481,244 means this house is valued at £5,065 per sq meter (£470 per sq foot).
The average size of a house on PEPPERCORN WALK is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| 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 |