£486,624
This estimated value is based upon the latest sale price for the house of £176,000 on 30 Jul 2002. 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 |
|---|---|
| £176,000 | 30 Jul 2002 |
| £64,850 | 26 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,164 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 2002 the House Price Index for HERTFORDSHIRE was 53.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 176.491%.Applying this 176.491% change to the original purchase price of £176,000 results in an estimated price of approximately £486,624.
| 30 Jul 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 146.7 | 176.491 % | £176,000 | £310,624 | £486,624 |
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 | 209.615 % | £368,923 | £544,923 |
| 3 Month Average | 190.247 % | £334,834 | £510,834 |
| 6 Month Average | 200.503 % | £352,885 | £528,885 |
This house has a floor area of 108 sq meters or 1,164 sq feet when measured on 18 Jun 2010.
The average size of a house on WHINBUSH ROAD is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |