£295,226
This estimated value is based upon the latest sale price for the house of £116,500 on 20 Nov 2002. 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 Parking Area
More crime details
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
Price Paid | Date |
---|---|
£116,500 | 20 Nov 2002 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 November 2002 the House Price Index for HERTFORDSHIRE was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £116,500 results in an estimated price of approximately £295,226.
20 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 146.7 | 153.413 % | £116,500 | £178,726 | £295,226 |
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 | 218.420 % | £254,459 | £370,959 |
3 Month Average | 179.531 % | £209,153 | £325,653 |
6 Month Average | 174.011 % | £202,722 | £319,222 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 Feb 2016.
The average size of a house on RADCLIFFE ROAD is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |