£793,968
This estimated value is based upon the latest sale price for the house of £625,000 on 25 May 2017. 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 |
---|---|
£625,000 | 25 May 2017 |
£545,000 | 14 Jan 2016 |
£174,000 | 5 Jul 2001 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 May 2017 the House Price Index for HERTFORDSHIRE was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £625,000 results in an estimated price of approximately £793,968.
25 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 146.7 | 27.035 % | £625,000 | £168,968 | £793,968 |
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 | 33.764 % | £211,025 | £836,025 |
3 Month Average | 17.745 % | £110,906 | £735,906 |
6 Month Average | 20.093 % | £125,584 | £750,584 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 10 Jan 2017.
The average size of a house on GROVE ROAD is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Grove Road |
Jan 2024 | Anti-social behaviour | On or near Grove Road | |
Jan 2024 | Anti-social behaviour | On or near Grove Road | |
Jan 2024 | Anti-social behaviour | On or near Grove Road | |
Jan 2024 | Anti-social behaviour | On or near Stormont Road |