£970,503
This estimated value is based upon the latest sale price for the house of £612,500 on 19 Dec 2013. 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 The Avenue
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £612,500 | 19 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2013 the House Price Index for HERTFORDSHIRE was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £612,500 results in an estimated price of approximately £970,503.
| 19 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £612,500 | £358,003 | £970,503 |
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 | 74.115 % | £453,954 | £1,066,454 |
| 3 Month Average | 109.554 % | £671,019 | £1,283,519 |
| 6 Month Average | 78.513 % | £480,892 | £1,093,392 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 8 Jul 2013.
The average size of a house on THE AVENUE is 151 sq meters (1,630 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newtons Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pulter'S Way |
| Mar 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 |