£545,901
This estimated value is based upon the latest sale price for the house of £475,000 on 15 Jul 2021. 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 |
|---|---|
| £475,000 | 15 Jul 2021 |
| £355,000 | 7 Oct 2016 |
| 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 July 2021 the House Price Index for HERTFORDSHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £475,000 results in an estimated price of approximately £545,901.
| 15 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £475,000 | £70,901 | £545,901 |
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 | 33.378 % | £158,546 | £633,546 |
| 3 Month Average | 18.936 % | £89,945 | £564,945 |
| 6 Month Average | 0.904 % | £4,295 | £479,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £774,479 | £775,000 | 57 MANTON ROAD |
| 3 Feb 2023 | £479,677 | £480,000 | 43 MANTON ROAD |
| 3 Aug 2022 | £797,852 | £800,000 | 130 WYMONDLEY ROAD |
| 30 Sep 2021 | £625,004 | £580,000 | 56 MANTON ROAD |
| 15 Jul 2021 | £545,901 | £475,000 | 41 UPLANDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bell Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Manton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wymondley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wymondley Road |