£649,589
This estimated value is based upon the latest sale price for the house of £482,000 on 12 Feb 2016. 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
More crime details
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £482,000 | 12 Feb 2016 |
| £362,500 | 14 Jun 2013 |
| £266,000 | 28 Jul 2006 |
| £146,000 | 28 Sep 2001 |
| £105,500 | 6 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2016 the House Price Index for HERTFORDSHIRE was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £482,000 results in an estimated price of approximately £649,589.
| 12 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £482,000 | £167,589 | £649,589 |
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 | 5.590 % | £26,943 | £508,943 |
| 3 Month Average | 48.913 % | £235,759 | £717,759 |
| 6 Month Average | 31.362 % | £151,163 | £633,163 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 9 Oct 2015.
The average size of a house on HOLLOW LANE is 89 sq meters (967 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 |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Mount Garrison |