£245,566
This estimated value is based upon the latest sale price for the house of £218,500 on 2 Aug 2021. 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 |
---|---|
£218,500 | 2 Aug 2021 |
£132,000 | 28 Aug 2012 |
£51,750 | 21 May 1999 |
£38,000 | 11 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 August 2021 the House Price Index for HERTFORDSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £218,500 results in an estimated price of approximately £245,566.
2 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £218,500 | £27,066 | £245,566 |
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 | 200.615 % | £438,344 | £656,844 |
3 Month Average | 11.784 % | £25,748 | £244,248 |
6 Month Average | 12.249 % | £26,763 | £245,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Oct 2023 | £102,324 | £100,000 | 3 WOODCOTE HOUSE QUEEN STREET |
20 Jan 2023 | £167,949 | £167,500 | FLAT 4 BALLIOL CHAMBERS HOLLOW LANE |
10 Nov 2022 | £273,720 | £275,000 | 116 QUEEN STREET |
15 Jul 2022 | £222,227 | £220,000 | 5 WOODCOTE HOUSE QUEEN STREET |
5 Jan 2022 | £172,282 | £162,500 | 4 WOODCOTE HOUSE QUEEN STREET |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 19 Jan 2010. Using an estimated price of £245,566 means this house is valued at £4,979 per sq meter (£462 per sq foot).
The average size of a house on GARRISON COURT is 50 sq meters (546 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Robbery | Under investigation | On or near Mount Garrison |
Jun 2024 | Anti-social behaviour | On or near Mount Garrison | |
Jun 2024 | Anti-social behaviour | On or near Mount Garrison | |
May 2024 | Anti-social behaviour | On or near Mount Garrison | |
May 2024 | Anti-social behaviour | On or near Mount Garrison |