£901,842
This estimated value is based upon the latest sale price for the house of £730,000 on 29 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £730,000 | 29 Oct 2019 |
| £520,000 | 31 Jan 2014 |
| £241,735 | 21 Jan 2009 |
| £235,000 | 19 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £730,000 results in an estimated price of approximately £901,842.
| 29 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £730,000 | £171,842 | £901,842 |
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 | 24.227 % | £176,855 | £906,855 |
| 3 Month Average | 13.231 % | £96,589 | £826,589 |
| 6 Month Average | 11.629 % | £84,892 | £814,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £359,116 | £350,000 | 25 LYON COURT WALSWORTH ROAD |
| 30 Jun 2023 | £397,975 | £390,000 | 83 WHINBUSH ROAD |
| 30 Jun 2023 | £765,337 | £750,000 | 7 CONVENT CLOSE |
| 22 Jun 2023 | £1,071,472 | £1,050,000 | 81 WHINBUSH ROAD |
| 3 Feb 2023 | £178,190 | £177,000 | 10 CHAPMAN HOUSE HAZELWOOD CLOSE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 18 Nov 2013. Using an estimated price of £901,842 means this house is valued at £5,273 per sq meter (£489 per sq foot).
The average size of a house on WHINBUSH GROVE is 121 sq meters (1,304 sq feet).
This house is the largest in the street with a floor area of 171 sq meters (1,840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whinbush Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whinbush Grove |
| Oct 2024 | Other theft | Under investigation | On or near Hazelwood Close |
| Sep 2024 | Anti-social behaviour | On or near Hazelwood Close | |
| Sep 2024 | Anti-social behaviour | On or near Hazelwood Close |