£248,080
This estimated value is based upon the latest sale price for the house of £242,500 on 4 Mar 2022. 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 |
---|---|
£242,500 | 4 Mar 2022 |
£150,000 | 11 Nov 2014 |
£120,000 | 30 Apr 2010 |
£99,950 | 12 Mar 2004 |
£64,500 | 30 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 March 2022 the House Price Index for HERTFORDSHIRE was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £242,500 results in an estimated price of approximately £248,080.
4 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 146.7 | 2.301 % | £242,500 | £5,580 | £248,080 |
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 | -1.317 % | £-3,192 | £239,307 |
3 Month Average | 0.571 % | £1,383 | £243,883 |
6 Month Average | 4.816 % | £11,678 | £254,178 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Mar 2020.
The average size of a house on LANCASTER ROAD is 84 sq meters (914 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Road |
Mar 2024 | Vehicle crime | Under investigation | On or near York Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near York Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Road |
Feb 2024 | Anti-social behaviour | On or near York Road |