£354,937
This estimated value is based upon the latest sale price for the house of £271,000 on 17 Feb 2017. 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 |
|---|---|
| £271,000 | 17 Feb 2017 |
| £199,995 | 12 Dec 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 February 2017 the House Price Index for HERTFORDSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £271,000 results in an estimated price of approximately £354,937.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £271,000 | £83,937 | £354,937 |
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 | 72.862 % | £197,455 | £468,455 |
| 3 Month Average | 28.635 % | £77,602 | £348,602 |
| 6 Month Average | 20.964 % | £56,812 | £327,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £408,250 | £408,250 | 4 BURFORD WAY |
| 12 Dec 2023 | £656,163 | £636,000 | 12 CEDAR AVENUE |
| 11 Nov 2022 | £5,817,796 | £5,845,000 | BURFORD GRANGE BEDFORD ROAD |
| 1 Aug 2022 | £482,255 | £480,000 | 18 ST KATHERINES CLOSE |
| 17 Dec 2021 | £485,689 | £450,000 | 16 ST KATHERINES CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 Jun 2013. Using an estimated price of £354,938 means this house is valued at £5,545 per sq meter (£515 per sq foot).
The average size of a house on BEDFORD ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Bedford Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ickleford Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ickleford Mews |
| Oct 2024 | Anti-social behaviour | On or near Greenfield Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Greenfield Avenue |