£540,108
This estimated value is based upon the latest sale price for the house of £450,250 on 2 Mar 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £450,250 | 2 Mar 2020 |
| £302,000 | 14 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2020 the House Price Index for HERTFORDSHIRE was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £450,250 results in an estimated price of approximately £540,108.
| 2 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £450,250 | £89,858 | £540,108 |
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 | -7.284 % | £-32,795 | £417,454 |
| 3 Month Average | 36.146 % | £162,749 | £612,999 |
| 6 Month Average | 32.286 % | £145,367 | £595,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £471,047 | £465,000 | 37 MANOR CRESCENT |
| 4 Apr 2023 | £589,381 | £585,000 | 53 WILLOUGHBY WAY |
| 3 Mar 2023 | £879,755 | £875,000 | 1 NINESPRINGS WAY |
| 6 May 2022 | £507,545 | £500,000 | 48 WILLOUGHBY WAY |
| 7 Dec 2020 | £652,698 | £571,000 | 38 WILLOUGHBY WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Apr 2014. Using an estimated price of £540,108 means this house is valued at £7,106 per sq meter (£660 per sq foot).
The average size of a house on WESTWOOD AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Aspens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Aspens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wymondley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehills Close |