£64,708
This estimated value is based upon the latest sale price for the house of £52,500 on 10 Feb 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
Price Paid | Date |
---|---|
£52,500 | 10 Feb 2020 |
£54,000 | 1 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 602 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 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £52,500 results in an estimated price of approximately £64,708.
10 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £52,500 | £12,208 | £64,708 |
The Postcode Pricing Model uses changes in average sales price within the SG4 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 | 89.107 % | £46,781 | £99,281 |
3 Month Average | 41.495 % | £21,784 | £74,284 |
6 Month Average | 36.452 % | £19,137 | £71,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £170,231 | £165,000 | 32 REDOUBT CLOSE |
16 Nov 2023 | £461,720 | £450,000 | 38 WOOLGROVE ROAD |
10 Nov 2023 | £395,027 | £385,000 | 45 WOOLGROVE ROAD |
10 Nov 2023 | £94,909 | £92,500 | 72 WATERSMEET GROVE ROAD |
3 Nov 2023 | £218,548 | £213,000 | 60 WATERSMEET GROVE ROAD |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 14 Oct 2010. Using an estimated price of £64,709 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on GROVE ROAD is 63 sq meters (685 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watersmeet |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watersmeet |
Jun 2024 | Anti-social behaviour | On or near Watersmeet | |
Jun 2024 | Public order | Under investigation | On or near Watersmeet |
Jun 2024 | Anti-social behaviour | On or near Watersmeet |