£453,413
This estimated value is based upon the latest sale price for the house of £315,000 on 23 Jul 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near The Close
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £315,000 | 23 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £315,000 results in an estimated price of approximately £453,413.
| 23 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £315,000 | £138,413 | £453,413 |
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 | 55.328 % | £174,282 | £489,282 |
| 3 Month Average | 62.268 % | £196,143 | £511,143 |
| 6 Month Average | 33.592 % | £105,814 | £420,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £448,833 | £444,000 | 3 THE RISE |
| 30 Nov 2022 | £444,614 | £450,000 | 1 THE LEAS |
| 17 Jun 2022 | £502,096 | £495,000 | 2 CHILVERS BANK |
| 29 Apr 2022 | £339,834 | £330,000 | 57 PARK DRIVE |
| 1 Mar 2022 | £569,944 | £550,000 | 57 WESTON WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Dec 2014. Using an estimated price of £453,413 means this house is valued at £5,211 per sq meter (£484 per sq foot).
The average size of a house on CHILVERS BANK is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Glade |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near The Glade |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Leas |