£836,380
This estimated value is based upon the latest sale price for the house of £687,500 on 22 Oct 2018. 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 |
---|---|
£687,500 | 22 Oct 2018 |
£430,000 | 14 Jun 2011 |
£320,000 | 15 Sep 2008 |
Detached |
Freehold |
Floor Area: 53 sq meters or 576 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £687,500 results in an estimated price of approximately £836,380.
22 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 146.7 | 21.655 % | £687,500 | £148,880 | £836,380 |
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 | 17.086 % | £117,468 | £804,968 |
3 Month Average | 21.716 % | £149,299 | £836,799 |
6 Month Average | 17.874 % | £122,882 | £810,382 |
This house has a floor area of 53 sq meters or 576 sq feet when measured on 9 May 2011.
The average size of a house on OFFLEY ROAD is 135 sq meters (1,456 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (576 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Meadow Way |
Dec 2023 | Anti-social behaviour | On or near Wratten Close | |
Dec 2023 | Anti-social behaviour | On or near Wratten Close | |
Dec 2023 | Anti-social behaviour | On or near Wratten Close | |
Dec 2023 | Anti-social behaviour | On or near Wratten Close |