£215,292
This estimated value is based upon the latest sale price for the house of £127,000 on 25 Jan 2013. 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 |
---|---|
£127,000 | 25 Jan 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 January 2013 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £127,000 results in an estimated price of approximately £215,292.
25 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £127,000 | £88,292 | £215,292 |
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 | 81.958 % | £104,086 | £231,086 |
3 Month Average | 127.667 % | £162,137 | £289,137 |
6 Month Average | 82.097 % | £104,263 | £231,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £281,000 | £281,000 | 19 THE EXCHANGE QUEEN STREET |
20 Jan 2023 | £166,715 | £167,500 | FLAT 4 BALLIOL CHAMBERS HOLLOW LANE |
10 Nov 2022 | £271,709 | £275,000 | 116 QUEEN STREET |
15 Jul 2022 | £220,594 | £220,000 | 5 WOODCOTE HOUSE QUEEN STREET |
5 Jan 2022 | £171,016 | £162,500 | 4 WOODCOTE HOUSE QUEEN STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 18 May 2012. Using an estimated price of £215,292 means this house is valued at £4,784 per sq meter (£444 per sq foot).
The average size of a house on GARRISON COURT is 50 sq meters (546 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Mount Garrison |