£281,952
This estimated value is based upon the latest sale price for the house of £281,000 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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60 Hermitage Road, Hitchin, SG5 1DB
Phone: 01462228609
Price Paid | Date |
---|---|
£281,000 | 8 Mar 2024 |
£235,000 | 19 Oct 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 March 2024 the House Price Index for HERTFORDSHIRE was 147.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.339%.Applying this 0.339% change to the original purchase price of £281,000 results in an estimated price of approximately £281,952.
8 Mar 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.5 | 148.0 | 0.339 % | £281,000 | £952 | £281,952 |
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 | 11.988 % | £33,687 | £314,687 |
3 Month Average | -2.346 % | £-6,593 | £274,406 |
6 Month Average | -0.016 % | £-43 | £280,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £281,953 | £281,000 | 19 THE EXCHANGE QUEEN STREET |
15 Dec 2023 | £290,496 | £285,000 | 8 THE EXCHANGE QUEEN STREET |
24 Aug 2023 | £176,071 | £175,000 | FLAT 27 SAXON COURT QUEEN STREET |
4 Aug 2023 | £261,591 | £260,000 | 9 THE EXCHANGE QUEEN STREET |
7 Jul 2023 | £136,289 | £135,000 | FLAT 12 SAXON COURT QUEEN STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Aug 2018. Using an estimated price of £281,953 means this house is valued at £4,861 per sq meter (£451 per sq foot).
The average size of a house on QUEEN STREET is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Queen Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
Apr 2024 | Anti-social behaviour | On or near Queen Street | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |
Mar 2024 | Drugs | Local resolution | On or near Queen Street |