£361,753
This estimated value is based upon the latest sale price for the house of £220,000 on 3 Jun 2013. 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 |
|---|---|
| £220,000 | 3 Jun 2013 |
| £205,000 | 20 Apr 2007 |
| £77,500 | 22 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,023 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 2013 the House Price Index for HERTFORDSHIRE was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £220,000 results in an estimated price of approximately £361,753.
| 3 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £220,000 | £141,753 | £361,753 |
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 | 104.114 % | £229,050 | £449,050 |
| 3 Month Average | 82.891 % | £182,360 | £402,360 |
| 6 Month Average | 80.426 % | £176,937 | £396,937 |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 14 May 2010.
The average size of a house on MILESTONE ROAD is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Westmill Lawns |
| Feb 2024 | Anti-social behaviour | On or near Westmill Road | |
| Feb 2024 | Anti-social behaviour | On or near Westmill Road | |
| Jan 2024 | Anti-social behaviour | On or near Westmill Road | |
| Jan 2024 | Anti-social behaviour | On or near Westmill Road |