£700,238
This estimated value is based upon the latest sale price for the house of £575,000 on 13 Dec 2018. 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 |
|---|---|
| £575,000 | 13 Dec 2018 |
| £351,000 | 5 Jan 2012 |
| £280,000 | 29 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 791 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £575,000 results in an estimated price of approximately £700,238.
| 13 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £575,000 | £125,238 | £700,238 |
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 | -8.322 % | £-47,852 | £527,147 |
| 3 Month Average | 37.182 % | £213,795 | £788,795 |
| 6 Month Average | 15.297 % | £87,956 | £662,956 |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 27 Jul 2011.
The average size of a house on BROADMEAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadmead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehills Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Westwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maytrees |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Morrello Gardens |