£480,521
This estimated value is based upon the latest sale price for the house of £395,000 on 5 Nov 2018. 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 |
|---|---|
| £395,000 | 5 Nov 2018 |
| £240,000 | 2 Dec 2011 |
| £190,000 | 17 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 779 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 November 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £395,000 results in an estimated price of approximately £480,521.
| 5 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £395,000 | £85,521 | £480,521 |
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 | 19.963 % | £78,855 | £473,855 |
| 3 Month Average | 44.048 % | £173,987 | £568,987 |
| 6 Month Average | 15.187 % | £59,987 | £454,987 |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 7 Jun 2011.
The average size of a house on TREVOR ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dacre Road |
| Jan 2024 | Anti-social behaviour | On or near Dacre Road | |
| Jan 2024 | Anti-social behaviour | On or near Dacre Road | |
| Jan 2024 | Anti-social behaviour | On or near Dacre Road | |
| Jan 2024 | Anti-social behaviour | On or near Dacre Road |