£664,540
This estimated value is based upon the latest sale price for the house of £530,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £530,000 | 4 Aug 2017 |
| £162,500 | 1 May 2002 |
| £90,000 | 20 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 August 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £530,000 results in an estimated price of approximately £664,540.
| 4 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £530,000 | £134,540 | £664,540 |
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 | -6.974 % | £-36,963 | £493,036 |
| 3 Month Average | 27.407 % | £145,255 | £675,255 |
| 6 Month Average | 16.411 % | £86,977 | £616,977 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 14 Feb 2017.
The average size of a house on GIRONS CLOSE is 95 sq meters (1,031 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Girons Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wymondley Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wymondley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spurrs Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Aspens |