£356,657
This estimated value is based upon the latest sale price for the house of £219,995 on 16 Jan 2007. 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 |
|---|---|
| £219,995 | 16 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2007 the House Price Index for HERTFORDSHIRE was 90.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.121%.Applying this 62.121% change to the original purchase price of £219,995 results in an estimated price of approximately £356,657.
| 16 Jan 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 146.7 | 62.121 % | £219,995 | £136,662 | £356,657 |
The Postcode Pricing Model uses changes in average sales price within the SG5 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 | 95.596 % | £210,307 | £430,302 |
| 3 Month Average | 70.262 % | £154,572 | £374,567 |
| 6 Month Average | 75.503 % | £166,102 | £386,097 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Jul 2019.
The average size of a house on WILLIAM RANSOM WAY is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near William Ransom Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near William Ransom Way |
| Feb 2024 | Anti-social behaviour | On or near William Ransom Way | |
| Dec 2023 | Anti-social behaviour | On or near William Ransom Way | |
| Dec 2023 | Anti-social behaviour | On or near William Ransom Way |