£445,911
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Feb 2012. 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 |
|---|---|
| £260,000 | 17 Feb 2012 |
| £215,000 | 21 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2012 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £260,000 results in an estimated price of approximately £445,911.
| 17 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £260,000 | £185,911 | £445,911 |
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 | 71.939 % | £187,041 | £447,041 |
| 3 Month Average | 117.081 % | £304,410 | £564,410 |
| 6 Month Average | 87.595 % | £227,747 | £487,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £418,064 | £413,000 | 37 NINESPRINGS WAY |
| 17 Mar 2023 | £509,803 | £505,000 | 33 NINESPRINGS WAY |
| 13 Feb 2023 | £449,697 | £450,000 | 27 MANTON ROAD |
| 23 Jan 2023 | £462,820 | £465,000 | 4 ASTON RISE |
| 10 Oct 2022 | £148,402 | £150,000 | 43A NINESPRINGS WAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 1 Nov 2019. Using an estimated price of £445,912 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on MANTON ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bell Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Manton Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ninesprings Way |
| Mar 2024 | Public order | Under investigation | On or near Ninesprings Way |