£301,869
This estimated value is based upon the latest sale price for the house of £296,425 on 10 Aug 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Cambridge Road
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
Price Paid | Date |
---|---|
£296,425 | 10 Aug 2023 |
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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £296,425 results in an estimated price of approximately £301,869.
10 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £296,425 | £5,444 | £301,869 |
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 | -6.146 % | £-18,219 | £278,205 |
3 Month Average | 8.001 % | £23,717 | £320,142 |
6 Month Average | -1.240 % | £-3,676 | £292,748 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £405,288 | £395,000 | RIVERSMEAD GREEN LANE |
11 Sep 2023 | £306,762 | £300,000 | 56 ALLWOODS PLACE |
10 Aug 2023 | £301,870 | £296,425 | CONVENIENCE STORE, 84 CAMBRIDGE ROAD |
19 Apr 2023 | £227,760 | £223,500 | 4 WILLIAN ROAD |
13 Apr 2023 | £234,384 | £230,000 | 43 ALLWOODS PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Road |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Cambridge Road |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Road |