£175,984
This estimated value is based upon the latest sale price for the house of £48,000 on 22 Nov 2000. 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 |
|---|---|
| £48,000 | 22 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 November 2000 the House Price Index for HERTFORDSHIRE was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £48,000 results in an estimated price of approximately £175,984.
| 22 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £48,000 | £127,984 | £175,984 |
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 | 316.156 % | £151,754 | £199,754 |
| 3 Month Average | 261.411 % | £125,477 | £173,477 |
| 6 Month Average | 273.969 % | £131,505 | £179,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £297,971 | £292,000 | 51 PEPPERMINT ROAD |
| 15 Jun 2023 | £244,908 | £240,000 | 6 PEPPERMINT ROAD |
| 17 Mar 2023 | £322,892 | £317,500 | 22 PEPPERMINT ROAD |
| 3 Feb 2023 | £178,190 | £177,000 | 10 CHAPMAN HOUSE HAZELWOOD CLOSE |
| 6 Jan 2023 | £295,790 | £295,000 | 21 PEPPERMINT ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 19 Jun 2021. Using an estimated price of £175,985 means this house is valued at £3,999 per sq meter (£371 per sq foot).
The average size of a house on HAZELWOOD CLOSE is 63 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |