£344,900
This estimated value is based upon the latest sale price for the house of £202,500 on 4 Sep 2006. 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 |
|---|---|
| £202,500 | 4 Sep 2006 |
| £72,500 | 17 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2006 the House Price Index for HERTFORDSHIRE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £202,500 results in an estimated price of approximately £344,900.
| 4 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £202,500 | £142,400 | £344,900 |
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 | 71.740 % | £145,273 | £347,773 |
| 3 Month Average | 117.249 % | £237,429 | £439,929 |
| 6 Month Average | 90.102 % | £182,456 | £384,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £355,260 | £350,000 | 25 LYON COURT WALSWORTH ROAD |
| 2 Nov 2023 | £309,583 | £305,000 | APARTMENT 2 CALDICOTT COURT HARRISON CLOSE |
| 30 Jun 2023 | £759,196 | £750,000 | 7 CONVENT CLOSE |
| 3 Feb 2023 | £369,751 | £370,000 | APARTMENT 5 CALDICOTT COURT HARRISON CLOSE |
| 25 Nov 2022 | £287,517 | £291,000 | FLAT 19 HARRISON COURT HARRISON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Harrison Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walsworth Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Walsworth Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Walsworth Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodside Gardens |