£272,453
This estimated value is based upon the latest sale price for the house of £161,000 on 14 Nov 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 |
|---|---|
| £161,000 | 14 Nov 2012 |
| £184,995 | 12 Dec 2007 |
| £185,000 | 5 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2012 the House Price Index for HERTFORDSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £161,000 results in an estimated price of approximately £272,453.
| 14 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £161,000 | £111,453 | £272,453 |
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 | 83.409 % | £134,288 | £295,288 |
| 3 Month Average | 106.555 % | £171,553 | £332,553 |
| 6 Month Average | 82.774 % | £133,266 | £294,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £506,476 | £500,000 | 8 ROSE COTTAGE GARDENS, 89 WALSWORTH ROAD |
| 14 Jun 2023 | £270,274 | £267,000 | FLAT 24 SANDERS PLACE WALSWORTH ROAD |
| 24 Jan 2023 | £598,282 | £601,100 | 6 ROSE COTTAGE GARDENS, 89 WALSWORTH ROAD |
| 23 Jan 2023 | £497,606 | £499,950 | 14 ROSE COTTAGE GARDENS, 89 WALSWORTH ROAD |
| 15 Jul 2022 | £275,742 | £275,000 | FLAT 6 SANDERS PLACE WALSWORTH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Aug 2012. Using an estimated price of £272,453 means this house is valued at £4,257 per sq meter (£395 per sq foot).
The average size of a house on WALSWORTH ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Burton Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Burton Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Burton Gardens | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dacre Road |
| Jan 2024 | Anti-social behaviour | On or near Dacre Road |