£388,596
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Aug 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £235,000 | 23 Aug 2013 |
| £152,500 | 8 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 August 2013 the House Price Index for HERTFORDSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £235,000 results in an estimated price of approximately £388,596.
| 23 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £235,000 | £153,596 | £388,596 |
The Postcode Pricing Model uses changes in average sales price within the SG6 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 | 59.773 % | £140,467 | £375,467 |
| 3 Month Average | 106.365 % | £249,958 | £484,958 |
| 6 Month Average | 90.989 % | £213,825 | £448,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £332,912 | £330,000 | 68 LINDSELL AVENUE |
| 18 Aug 2023 | £428,751 | £425,000 | 5 BURNELL RISE |
| 20 Apr 2023 | £454,898 | £450,000 | 71 LINDSELL AVENUE |
| 29 Mar 2023 | £378,567 | £375,000 | 33 HIGH AVENUE |
| 8 Feb 2023 | £469,684 | £470,000 | 44 LINDSELL AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 Apr 2013. Using an estimated price of £388,596 means this house is valued at £3,885 per sq meter (£361 per sq foot).
The average size of a house on HIGH AVENUE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Westbury Place | |
| Jan 2024 | Anti-social behaviour | On or near Westbury Place | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnell Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnell Rise |
| Jan 2024 | Public order | Awaiting court outcome | On or near Burnell Rise |