£555,644
This estimated value is based upon the latest sale price for the house of £135,000 on 29 Nov 1999. 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 |
|---|---|
| £135,000 | 29 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 1999 the House Price Index for HERTFORDSHIRE was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £135,000 results in an estimated price of approximately £555,644.
| 29 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 149.7 | 311.588 % | £135,000 | £420,644 | £555,644 |
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 | 351.860 % | £475,010 | £610,010 |
| 3 Month Average | 359.223 % | £484,950 | £619,950 |
| 6 Month Average | 325.968 % | £440,056 | £575,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £387,500 | £387,500 | 27 UPLANDS AVENUE |
| 12 Sep 2024 | £470,000 | £470,000 | 52 NINESPRINGS WAY |
| 17 May 2024 | £450,000 | £450,000 | 12 MANTON ROAD |
| 26 Apr 2024 | £958,322 | £950,000 | 4 SANDOVER CLOSE |
| 3 Nov 2023 | £1,223,559 | £1,192,500 | 114 WYMONDLEY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Jun 2014. Using an estimated price of £555,644 means this house is valued at £6,243 per sq meter (£580 per sq foot).
The average size of a house on UPLANDS AVENUE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Manton Road |
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Manton Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Ninesprings Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wymondley Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Aspens |