£430,844
This estimated value is based upon the latest sale price for the house of £405,000 on 24 Sep 2021. 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 Newtons Way
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41 Hermitage Road, Hitchin, SG5 1BY
Phone: 01462228017
| Price Paid | Date |
|---|---|
| £405,000 | 24 Sep 2021 |
| £330,000 | 14 Dec 2018 |
| £350,000 | 21 Dec 2016 |
| £237,500 | 14 Jan 2013 |
| £195,000 | 30 Nov 2006 |
| £59,995 | 11 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £405,000 results in an estimated price of approximately £430,844.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £405,000 | £25,844 | £430,844 |
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 | -2.633 % | £-10,663 | £394,336 |
| 3 Month Average | 65.024 % | £263,345 | £668,345 |
| 6 Month Average | 6.103 % | £24,715 | £429,715 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Aug 2012.
The average size of a house on HIGHBURY ROAD is 120 sq meters (1,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newtons Way |
| Mar 2024 | Public order | Under investigation | On or near Hollow Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollow Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hollow Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pulter'S Way |