£648,773
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Jun 2009. 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 |
|---|---|
| £350,000 | 8 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 176 sq meters or 1,903 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 2009 the House Price Index for HERTFORDSHIRE was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £350,000 results in an estimated price of approximately £648,773.
| 8 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £350,000 | £298,773 | £648,773 |
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 | 107.219 % | £375,267 | £725,267 |
| 3 Month Average | 92.981 % | £325,433 | £675,433 |
| 6 Month Average | 89.011 % | £311,536 | £661,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £150,000 | £150,000 | 68 DACRE ROAD |
| 30 Aug 2024 | £400,000 | £400,000 | 30 DACRE ROAD |
| 8 Nov 2023 | £430,939 | £420,000 | 3 DACRE ROAD |
| 19 Oct 2023 | £690,687 | £675,000 | 61A RADCLIFFE ROAD |
| 21 Apr 2023 | £244,575 | £240,000 | 66 DACRE ROAD |
This house has a floor area of 176 sq meters or 1,903 sq feet when measured on 30 Sep 2008. Using an estimated price of £648,774 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on DACRE ROAD is 71 sq meters (774 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dacre Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Dacre Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Dacre Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dacre Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Radcliffe Road |