£1,740,832
This estimated value is based upon the latest sale price for the house of £1,660,000 on 11 Feb 2022. 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 |
|---|---|
| £1,660,000 | 11 Feb 2022 |
| £270,000 | 28 May 1999 |
| Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £1,660,000 results in an estimated price of approximately £1,740,832.
| 11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £1,660,000 | £80,832 | £1,740,832 |
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 | -6.684 % | £-110,962 | £1,549,037 |
| 3 Month Average | 36.620 % | £607,887 | £2,267,887 |
| 6 Month Average | 13.630 % | £226,261 | £1,886,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £355,260 | £350,000 | 25 LYON COURT WALSWORTH ROAD |
| 30 Jun 2023 | £759,196 | £750,000 | 7 CONVENT CLOSE |
| 25 Nov 2022 | £287,517 | £291,000 | FLAT 19 HARRISON COURT HARRISON CLOSE |
| 15 Aug 2022 | £294,208 | £295,000 | FLAT 25 HARRISON COURT HARRISON CLOSE |
| 27 May 2022 | £825,556 | £810,000 | 31 CONVENT CLOSE |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 6 Oct 2021. Using an estimated price of £1,740,833 means this house is valued at £8,096 per sq meter (£752 per sq foot).
The average size of a house on WALSWORTH ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harrison Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Drugs | Under investigation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |