£1,308,207
This estimated value is based upon the latest sale price for the house of £1,275,000 on 29 Nov 2023. 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 |
|---|---|
| £1,275,000 | 29 Nov 2023 |
| £495,000 | 30 Nov 2001 |
| £340,000 | 22 May 1998 |
| Semi-Detached |
| Freehold |
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 2023 the House Price Index for HERTFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,275,000 results in an estimated price of approximately £1,308,207.
| 29 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £1,275,000 | £33,207 | £1,308,207 |
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 | 15.823 % | £201,740 | £1,476,740 |
| 3 Month Average | 7.878 % | £100,441 | £1,375,441 |
| 6 Month Average | 15.344 % | £195,632 | £1,470,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £1,308,208 | £1,275,000 | 9 HIGHBURY ROAD |
| 2 Nov 2023 | £312,944 | £305,000 | APARTMENT 2 CALDICOTT COURT HARRISON CLOSE |
| 30 Oct 2023 | £1,074,402 | £1,050,000 | 3D THE AVENUE |
| 27 Oct 2023 | £332,553 | £325,000 | APARTMENT 15 CALDICOTT COURT HARRISON CLOSE |
| 27 Sep 2023 | £1,891,701 | £1,850,000 | 44 THE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near The Avenue |
| Apr 2024 | Possession of weapons | Offender given a caution | On or near The Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Harrison Close |
| Jun 2024 | Burglary | Under investigation | On or near Harrison Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Walsworth Road |