£444,591
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Dec 2000. 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 |
|---|---|
| £125,000 | 14 Dec 2000 |
| £79,000 | 9 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 December 2000 the House Price Index for HERTFORDSHIRE was 41.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 255.673%.Applying this 255.673% change to the original purchase price of £125,000 results in an estimated price of approximately £444,591.
| 14 Dec 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 146.7 | 255.673 % | £125,000 | £319,591 | £444,591 |
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 | 291.280 % | £364,099 | £489,099 |
| 3 Month Average | 278.674 % | £348,342 | £473,342 |
| 6 Month Average | 259.223 % | £324,029 | £449,029 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Mar 2018.
The average size of a house on PIRTON ROAD is 129 sq meters (1,397 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manley Highway |
| Jan 2024 | Drugs | Local resolution | On or near Half Acre |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Kings Hedges |
| Mar 2024 | Anti-social behaviour | On or near Moss Way | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moss Way |