£6,802,119
This estimated value is based upon the latest sale price for the house of £4,834,527 on 13 Oct 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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60 Hermitage Road, Hitchin, SG5 1DB
Phone: 01462228609
| Price Paid | Date |
|---|---|
| £4,834,527 | 13 Oct 2015 |
| £4,875,000 | 13 Oct 2015 |
| Freehold |
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 October 2015 the House Price Index for HERTFORDSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £4,834,527 results in an estimated price of approximately £6,802,119.
| 13 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £4,834,527 | £1,967,592 | £6,802,119 |
The Postcode Pricing Model uses changes in average sales price within the SG5 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 | 42.454 % | £2,052,441 | £6,886,968 |
| 3 Month Average | 57.800 % | £2,794,379 | £7,628,906 |
| 6 Month Average | 33.662 % | £1,627,422 | £6,461,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £262,295 | £260,000 | 9 THE EXCHANGE QUEEN STREET |
| 4 Aug 2023 | £341,992 | £339,000 | APARTMENT 10 THE GRANGE PORTMILL LANE |
| 10 Nov 2022 | £271,709 | £275,000 | 116 QUEEN STREET |
| 15 Jul 2022 | £220,594 | £220,000 | 5 WOODCOTE HOUSE QUEEN STREET |
| 9 Feb 2022 | £576,782 | £550,000 | APARTMENT 10 CHURCH VIEW PORTMILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Portmill Lane |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Portmill Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Portmill Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Portmill Lane |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Portmill Lane |