£127,716
This estimated value is based upon the latest sale price for the house of £24,495 on 14 Mar 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 |
|---|---|
| £24,495 | 14 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 308 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 March 1997 the House Price Index for HERTFORDSHIRE was 28.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 421.399%.Applying this 421.399% change to the original purchase price of £24,495 results in an estimated price of approximately £127,716.
| 14 Mar 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.0 | 421.399 % | £24,495 | £103,221 | £127,716 |
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 | 602.794 % | £147,654 | £172,149 |
| 3 Month Average | 647.287 % | £158,553 | £183,048 |
| 6 Month Average | 537.533 % | £131,668 | £156,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £735,485 | £733,000 | 5 WORSDELL WAY |
| 15 Dec 2023 | £254,821 | £250,000 | 84 HALSEY DRIVE |
| 30 Nov 2023 | £101,300 | £100,000 | 87 WEDGEWOOD ROAD |
| 28 Feb 2023 | £388,164 | £390,000 | 47 HARDY CLOSE |
| 20 Sep 2022 | £528,571 | £535,000 | 10 PEPPERCORN WALK |
This house has a floor area of 28 sq meters or 308 sq feet when measured on 10 Jun 2009. Using an estimated price of £127,717 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on WEDGEWOOD ROAD is 46 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hardy Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hardy Close |
| Feb 2024 | Other crime | Under investigation | On or near Hardy Close |