£443,197
This estimated value is based upon the latest sale price for the house of £239,995 on 17 Aug 2005. 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 |
|---|---|
| £239,995 | 17 Aug 2005 |
| £229,000 | 17 Nov 2004 |
| £192,000 | 16 Aug 2004 |
| Semi-Detached |
| 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 August 2005 the House Price Index for HERTFORDSHIRE was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £239,995 results in an estimated price of approximately £443,197.
| 17 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £239,995 | £203,202 | £443,197 |
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 | 95.730 % | £229,746 | £469,741 |
| 3 Month Average | 90.122 % | £216,288 | £456,283 |
| 6 Month Average | 103.181 % | £247,628 | £487,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £477,111 | £465,000 | 37 MANOR CRESCENT |
| 6 May 2022 | £513,374 | £500,000 | 48 WILLOUGHBY WAY |
| 7 Dec 2020 | £660,195 | £571,000 | 38 WILLOUGHBY WAY |
| 6 Nov 2020 | £397,098 | £340,000 | 49 MANOR CRESCENT |
| 23 Oct 2020 | £827,237 | £700,000 | 13 THE CHILTERNS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Aspens |
| Sep 2024 | Vehicle crime | Formal action is not in the public interest | On or near Sorrel Garth |
| Oct 2024 | Drugs | Under investigation | On or near Lindsay Avenue |
| Aug 2024 | Other theft | Under investigation | On or near Girons Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Court |