£454,210
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Oct 2007. 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 |
|---|---|
| £290,000 | 31 Oct 2007 |
| £176,000 | 31 May 2001 |
| Detached |
| Freehold |
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 October 2007 the House Price Index for HERTFORDSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £290,000 results in an estimated price of approximately £454,210.
| 31 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £290,000 | £164,210 | £454,210 |
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 | 98.803 % | £286,527 | £576,527 |
| 3 Month Average | 72.533 % | £210,344 | £500,344 |
| 6 Month Average | 72.955 % | £211,570 | £501,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £517,500 | £517,500 | 19 WELLINGHAM AVENUE |
| 5 Jul 2024 | £925,000 | £925,000 | 12 BEARTON GREEN |
| 25 Aug 2023 | £636,480 | £625,000 | 68 BEDFORD ROAD |
| 6 May 2022 | £503,107 | £490,000 | 1 BOWYERS CLOSE |
| 22 Mar 2022 | £553,285 | £530,000 | 6 BOWYERS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Frank Young Court |
| Sep 2024 | Anti-social behaviour | On or near Nutleigh Grove | |
| Sep 2024 | Other crime | Under investigation | On or near Nutleigh Grove |
| Sep 2024 | Anti-social behaviour | On or near Nutleigh Grove |