£799,956
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Aug 1999. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
Price Paid | Date |
---|---|
£185,000 | 2 Aug 1999 |
£114,000 | 19 Dec 1995 |
Detached |
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 August 1999 the House Price Index for HERTFORDSHIRE was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £185,000 results in an estimated price of approximately £799,956.
2 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £185,000 | £614,956 | £799,956 |
The Postcode Pricing Model uses changes in average sales price within the SG7 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 | 216.240 % | £400,044 | £585,044 |
3 Month Average | 287.469 % | £531,817 | £716,817 |
6 Month Average | 309.508 % | £572,589 | £757,589 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £383,329 | £380,000 | 4 IREDALE VIEW |
25 Aug 2023 | £407,347 | £400,000 | 21 JEVE CLOSE |
18 Aug 2023 | £315,694 | £310,000 | 12 IREDALE VIEW |
21 Feb 2023 | £498,329 | £495,000 | 6 EISENBERG CLOSE |
26 Jan 2023 | £381,018 | £380,000 | 22 JEVE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Rye Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rye Gardens |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maltings Close |
Apr 2024 | Anti-social behaviour | On or near Maltings Close | |
Apr 2024 | Anti-social behaviour | On or near Maltings Close |