£515,280
This estimated value is based upon the latest sale price for the house of £349,950 on 16 Dec 2014. 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 |
|---|---|
| £349,950 | 16 Dec 2014 |
| £160,000 | 2 Aug 2002 |
| £117,500 | 15 Feb 2000 |
| £61,000 | 28 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,025 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £349,950 results in an estimated price of approximately £515,280.
| 16 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £349,950 | £165,330 | £515,280 |
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 | 41.372 % | £144,780 | £494,730 |
| 3 Month Average | 52.274 % | £182,933 | £532,883 |
| 6 Month Average | 52.200 % | £182,672 | £532,622 |
This house has a floor area of 95 sq meters or 1,025 sq feet when measured on 10 Jun 2011.
The average size of a house on WHINBUSH GROVE is 121 sq meters (1,304 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whinbush Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazelwood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Verulam Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Gardens |