£498,885
This estimated value is based upon the latest sale price for the house of £491,500 on 17 Nov 2023. 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 |
|---|---|
| £491,500 | 17 Nov 2023 |
| £380,000 | 6 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £491,500 results in an estimated price of approximately £498,885.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £491,500 | £7,385 | £498,885 |
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 | -8.511 % | £-41,833 | £449,666 |
| 3 Month Average | 18.759 % | £92,199 | £583,699 |
| 6 Month Average | 8.811 % | £43,305 | £534,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £415,000 | £415,000 | 6 KENDALE ROAD |
| 17 Nov 2023 | £498,886 | £491,500 | 8 KENDALE ROAD |
| 10 Aug 2023 | £998,737 | £990,000 | 42 ST JOHNS ROAD |
| 8 Jun 2023 | £681,252 | £673,000 | 30 NEWTONS WAY |
| 11 Aug 2022 | £468,738 | £470,000 | 37 ST JOHNS ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Sep 2015. Using an estimated price of £498,886 means this house is valued at £6,651 per sq meter (£617 per sq foot).
The average size of a house on KENDALE ROAD is 107 sq meters (1,158 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kendale Road |
| Apr 2024 | Public order | Awaiting court outcome | On or near Waltham Road |
| Feb 2024 | Burglary | Under investigation | On or near Waltham Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Waltham Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pulter'S Way |