£532,324
This estimated value is based upon the latest sale price for the house of £297,500 on 10 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 |
|---|---|
| £297,500 | 10 Nov 2005 |
| £142,500 | 18 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 November 2005 the House Price Index for HERTFORDSHIRE was 82.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.933%.Applying this 78.933% change to the original purchase price of £297,500 results in an estimated price of approximately £532,324.
| 10 Nov 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 146.7 | 78.933 % | £297,500 | £234,824 | £532,324 |
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 | 109.021 % | £324,337 | £621,837 |
| 3 Month Average | 95.476 % | £284,041 | £581,541 |
| 6 Month Average | 87.911 % | £261,536 | £559,036 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 12 May 2017.
The average size of a house on CONVENT CLOSE is 128 sq meters (1,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whinbush Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Verulam Road |
| Feb 2024 | Burglary | Under investigation | On or near St Anne'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near St Anne'S Road |