£442,145
This estimated value is based upon the latest sale price for the house of £263,000 on 28 Sep 2012. 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 |
|---|---|
| £263,000 | 28 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 September 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £263,000 results in an estimated price of approximately £442,145.
| 28 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £263,000 | £179,145 | £442,145 |
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 | 47.835 % | £125,807 | £388,807 |
| 3 Month Average | 63.542 % | £167,115 | £430,115 |
| 6 Month Average | 62.386 % | £164,074 | £427,074 |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 24 Jul 2018.
The average size of a house on WATER LANE is 85 sq meters (925 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Periwinkle Lane | |
| Feb 2024 | Anti-social behaviour | On or near St Augustine Close | |
| Feb 2024 | Anti-social behaviour | On or near St Augustine Close | |
| Jan 2024 | Anti-social behaviour | On or near St Augustine Close | |
| Jan 2024 | Anti-social behaviour | On or near St Augustine Close |