£176,781
This estimated value is based upon the latest sale price for the house of £115,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Watersmeet
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Alexander House, 40a Wilbury Way, Hitchin, SG4 0AP
Phone: 02081280072
| Price Paid | Date |
|---|---|
| £115,000 | 24 Apr 2014 |
| £108,000 | 11 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| 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 April 2014 the House Price Index for HERTFORDSHIRE was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £115,000 results in an estimated price of approximately £176,781.
| 24 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £115,000 | £61,781 | £176,781 |
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 | 60.514 % | £69,591 | £184,591 |
| 3 Month Average | 111.224 % | £127,907 | £242,907 |
| 6 Month Average | 76.697 % | £88,201 | £203,201 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 12 Dec 2013.
The average size of a house on GROVE ROAD is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watersmeet |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watersmeet |
| Mar 2024 | Vehicle crime | Under investigation | On or near Watersmeet |
| Feb 2024 | Anti-social behaviour | On or near Watersmeet | |
| Feb 2024 | Burglary | Under investigation | On or near Watersmeet |