£1,272,716
This estimated value is based upon the latest sale price for the house of £1,225,000 on 26 Jan 2022. 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 |
|---|---|
| £1,225,000 | 26 Jan 2022 |
| £790,000 | 30 Nov 2012 |
| £520,000 | 24 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £1,225,000 results in an estimated price of approximately £1,272,716.
| 26 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £1,225,000 | £47,716 | £1,272,716 |
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 | 2.858 % | £35,009 | £1,260,009 |
| 3 Month Average | 50.753 % | £621,724 | £1,846,724 |
| 6 Month Average | 22.875 % | £280,222 | £1,505,222 |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 15 May 2012.
The average size of a house on CHILTERN ROAD is 173 sq meters (1,871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ibberson Way |
| Jan 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 |
| Feb 2024 | Anti-social behaviour | On or near Hospital |