£767,090
This estimated value is based upon the latest sale price for the house of £585,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Broadmead
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £585,000 | 9 Dec 2016 |
| £176,000 | 30 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £585,000 results in an estimated price of approximately £767,090.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £585,000 | £182,090 | £767,090 |
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 | 22.257 % | £130,200 | £715,200 |
| 3 Month Average | 58.662 % | £343,170 | £928,170 |
| 6 Month Average | 27.187 % | £159,044 | £744,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £573,490 | £565,000 | 14 BROADMEAD |
| 24 Aug 2023 | £626,481 | £621,000 | 182 WHITEHILL ROAD |
| 28 Jul 2023 | £800,940 | £790,160 | 49 LINDSAY AVENUE |
| 23 Mar 2022 | £632,120 | £610,000 | 7 BLACKHORSE LANE |
| 27 Oct 2021 | £713,678 | £645,000 | 7 THE WILLOWS |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 26 Jun 2013. Using an estimated price of £767,091 means this house is valued at £5,080 per sq meter (£471 per sq foot).
The average size of a house on WHITEHILL ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadmead |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehills Close |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Morrello Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Morrello Gardens |
| Feb 2024 | Anti-social behaviour | On or near Mowbray Gardens |