£590,507
This estimated value is based upon the latest sale price for the house of £395,000 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Broadmead
More crime details
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £395,000 | 12 Aug 2014 |
| £240,000 | 10 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 946 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 August 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £395,000 results in an estimated price of approximately £590,507.
| 12 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £395,000 | £195,507 | £590,507 |
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 | 57.419 % | £226,806 | £621,806 |
| 3 Month Average | 98.260 % | £388,127 | £783,127 |
| 6 Month Average | 65.982 % | £260,628 | £655,628 |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 19 Oct 2011.
The average size of a house on OAKFIELD AVENUE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadmead |
| Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mowbray Gardens |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Morrello Gardens |