£569,081
This estimated value is based upon the latest sale price for the house of £100,250 on 23 Jun 1995. 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 |
|---|---|
| £100,250 | 23 Jun 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for HERTFORDSHIRE was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £100,250 results in an estimated price of approximately £569,081.
| 23 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £100,250 | £468,831 | £569,081 |
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 | 584.140 % | £585,600 | £685,850 |
| 3 Month Average | 489.590 % | £490,813 | £591,063 |
| 6 Month Average | 496.483 % | £497,724 | £597,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £359,116 | £350,000 | 25 LYON COURT WALSWORTH ROAD |
| 11 Aug 2023 | £611,020 | £600,000 | 35B VERULAM ROAD |
| 30 Jun 2023 | £765,337 | £750,000 | 7 CONVENT CLOSE |
| 30 Jun 2023 | £397,975 | £390,000 | 83 WHINBUSH ROAD |
| 22 Jun 2023 | £1,071,472 | £1,050,000 | 81 WHINBUSH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whinbush Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whinbush Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verulam Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Close |
| Sep 2024 | Anti-social behaviour | On or near Hazelwood Close |