£295,798
This estimated value is based upon the latest sale price for the house of £162,000 on 18 Nov 2005. 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 |
|---|---|
| £162,000 | 18 Nov 2005 |
| £92,000 | 15 Feb 2002 |
| Terraced |
| Freehold |
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 November 2005 the House Price Index for HERTFORDSHIRE was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £162,000 results in an estimated price of approximately £295,798.
| 18 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £162,000 | £133,798 | £295,798 |
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 | 120.313 % | £194,907 | £356,907 |
| 3 Month Average | 93.483 % | £151,442 | £313,442 |
| 6 Month Average | 86.705 % | £140,461 | £302,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £245,578 | £240,000 | FLAT 11 ST ANNES COURT ST ANNES ROAD |
| 18 Aug 2023 | £448,082 | £440,000 | BARN REAR OF 26 NIGHTINGALE ROAD |
| 10 Aug 2023 | £189,416 | £186,000 | FLAT 24 ST ANNES COURT ST ANNES ROAD |
| 21 Feb 2023 | £20,134 | £20,000 | 27 NIGHTINGALE ROAD |
| 31 Jan 2023 | £190,509 | £190,000 | 126 NIGHTINGALE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Forge Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near A505 |
| Oct 2024 | Burglary | Under investigation | On or near A505 |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near A505 |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near A505 |