£501,746
This estimated value is based upon the latest sale price for the house of £349,995 on 2 Jun 2015. 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 Hollow Lane
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £349,995 | 2 Jun 2015 |
| £249,000 | 20 May 2011 |
| £131,000 | 1 Feb 2001 |
| £62,500 | 20 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 435 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 June 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 43.358%.Applying this 43.358% change to the original purchase price of £349,995 results in an estimated price of approximately £501,746.
| 2 Jun 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 146.7 | 43.358 % | £349,995 | £151,751 | £501,746 |
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 | 25.634 % | £89,718 | £439,713 |
| 3 Month Average | 76.036 % | £266,121 | £616,116 |
| 6 Month Average | 58.021 % | £203,071 | £553,066 |
This house has a floor area of 40 sq meters or 435 sq feet when measured on 20 Jul 2009.
The average size of a house on KERSHAWS HILL is 83 sq meters (894 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (435 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Hollow Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollow Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hollow Lane |