£1,059,987
This estimated value is based upon the latest sale price for the house of £869,500 on 28 Sep 2018. 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 |
|---|---|
| £869,500 | 28 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £869,500 results in an estimated price of approximately £1,059,987.
| 28 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £869,500 | £190,487 | £1,059,987 |
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 | -9.204 % | £-80,030 | £789,469 |
| 3 Month Average | 29.387 % | £255,523 | £1,125,023 |
| 6 Month Average | 15.630 % | £135,907 | £1,005,407 |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 20 Apr 2018.
There is one other house on the street which we know the size of, this is 4 IBBERSON WAY it is 143.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ibberson Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ibberson Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Ibberson Way |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Benslow Lane |
| Mar 2024 | Other theft | Under investigation | On or near Benslow Rise |