£189,418
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Feb 2008. 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 |
|---|---|
| £120,000 | 26 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 February 2008 the House Price Index for HERTFORDSHIRE was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £120,000 results in an estimated price of approximately £189,418.
| 26 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £120,000 | £69,418 | £189,418 |
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 | 50.529 % | £60,634 | £180,634 |
| 3 Month Average | 54.989 % | £65,987 | £185,987 |
| 6 Month Average | 49.541 % | £59,449 | £179,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £300,000 | £300,000 | 60 HILLCREST |
| 27 Oct 2023 | £332,553 | £325,000 | 41 MONS AVENUE |
| 25 Aug 2023 | £570,795 | £560,500 | 49 LONDON ROAD |
| 25 Aug 2023 | £238,298 | £234,000 | 8 PAGE CLOSE |
| 31 Mar 2023 | £432,218 | £425,000 | 29 HILLCREST |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 19 Mar 2016. Using an estimated price of £189,419 means this house is valued at £1,539 per sq meter (£143 per sq foot).
The average size of a house on LONDON ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| May 2024 | Robbery | Under investigation | On or near London Road |