£647,452
This estimated value is based upon the latest sale price for the house of £432,500 on 23 Jan 2015. 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 |
---|---|
£432,500 | 23 Jan 2015 |
Detached |
Freehold |
Floor Area: 145 sq meters or 1,560 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 January 2015 the House Price Index for HERTFORDSHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £432,500 results in an estimated price of approximately £647,452.
23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £432,500 | £214,952 | £647,452 |
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 | 130.058 % | £562,499 | £994,999 |
3 Month Average | 64.110 % | £277,275 | £709,775 |
6 Month Average | 74.503 % | £322,224 | £754,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £914,043 | £900,000 | 198 WHITEHILL ROAD |
8 Dec 2023 | £536,485 | £520,000 | 23 BROADMEAD |
2 Nov 2023 | £579,716 | £565,000 | 14 BROADMEAD |
24 Aug 2023 | £632,406 | £621,000 | 182 WHITEHILL ROAD |
23 Mar 2022 | £636,799 | £610,000 | 7 BLACKHORSE LANE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 27 Aug 2019. Using an estimated price of £647,452 means this house is valued at £4,465 per sq meter (£414 per sq foot).
The average size of a house on WHITEHILL ROAD is 113 sq meters (1,221 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Whitehills Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Whitehills Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Francis Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Francis Close |