£155,881
This estimated value is based upon the latest sale price for the house of £107,500 on 15 Jul 2015. 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 |
---|---|
£107,500 | 15 Jul 2015 |
£93,000 | 30 Sep 2005 |
£49,500 | 3 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 27 sq meters or 298 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 July 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £107,500 results in an estimated price of approximately £155,881.
15 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £107,500 | £48,381 | £155,881 |
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 | 49.155 % | £52,842 | £160,342 |
3 Month Average | 51.620 % | £55,491 | £162,991 |
6 Month Average | 62.968 % | £67,690 | £175,190 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £117,995 | £115,000 | 30 TALISMAN STREET |
31 Oct 2023 | £414,412 | £405,000 | 23 ST MICHAELS ROAD |
15 Aug 2023 | £325,878 | £320,000 | 51 TALISMAN STREET |
3 Feb 2023 | £442,959 | £440,000 | 9 TALISMAN STREET |
23 Sep 2022 | £481,678 | £482,000 | 3 STURROCK WAY |
This house has a floor area of 27 sq meters or 298 sq feet when measured on 16 Jun 2010. Using an estimated price of £155,882 means this house is valued at £5,613 per sq meter (£521 per sq foot).
The average size of a house on TALISMAN STREET is 61 sq meters (660 sq feet).
This house is the smallest in the street with a floor area of 27 sq meters (298 sq feet).