£312,328
This estimated value is based upon the latest sale price for the house of £231,750 on 3 Feb 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Bancroft, Hitchin, SG5 1LA
Phone: 01462228860
| Price Paid | Date |
|---|---|
| £231,750 | 3 Feb 2016 |
| £165,000 | 20 Apr 2012 |
| £160,000 | 16 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 593 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 2016 the House Price Index for HERTFORDSHIRE was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £231,750 results in an estimated price of approximately £312,328.
| 3 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £231,750 | £80,578 | £312,328 |
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 | 59.021 % | £136,781 | £368,531 |
| 3 Month Average | 47.450 % | £109,964 | £341,714 |
| 6 Month Average | 39.574 % | £91,712 | £323,462 |
This house has a floor area of 55 sq meters or 593 sq feet when measured on 12 Jan 2012.
The average size of a house on KING GEORGES CLOSE is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |