£336,451
This estimated value is based upon the latest sale price for the house of £220,000 on 29 May 2015. 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 |
---|---|
£220,000 | 29 May 2015 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 May 2015 the House Price Index for HERTFORDSHIRE was 68.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 52.933%.Applying this 52.933% change to the original purchase price of £220,000 results in an estimated price of approximately £336,451.
29 May 2015 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 104.3 | 52.933 % | £220,000 | £116,451 | £336,451 |
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 | -44.864 % | £-98,700 | £121,299 |
3 Month Average | 68.395 % | £150,468 | £370,468 |
6 Month Average | 57.003 % | £125,406 | £345,406 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2025 | £223,427 | £220,000 | 30 MAYTREES |
7 Feb 2025 | £523,023 | £515,000 | 3 FRANCIS CLOSE |
23 Nov 2023 | £641,189 | £600,000 | 12 MAYTREES |
15 Jun 2023 | £423,553 | £400,000 | 10 FRANCIS CLOSE |
13 Jun 2023 | £428,848 | £405,000 | 4 FRANCIS CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 5 Feb 2015. Using an estimated price of £336,452 means this house is valued at £3,331 per sq meter (£309 per sq foot).
The average size of a house on SUNNYSIDE ROAD is 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Criminal damage and arson | Under investigation | On or near Sunnyside Road |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Maytrees |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Maytrees |