£452,541
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Nov 2002. 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 |
---|---|
£175,000 | 15 Nov 2002 |
Terraced |
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 November 2002 the House Price Index for HERTFORDSHIRE was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £175,000 results in an estimated price of approximately £452,541.
15 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £175,000 | £277,541 | £452,541 |
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 | 152.538 % | £266,941 | £441,941 |
3 Month Average | 144.286 % | £252,500 | £427,500 |
6 Month Average | 137.990 % | £241,482 | £416,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £317,204 | £310,000 | 37 SOUTH ROAD |
29 Jun 2023 | £551,043 | £540,000 | 3 LIMEKILN LANE |
2 Sep 2022 | £284,810 | £285,000 | 46 WALNUT AVENUE |
2 Feb 2022 | £491,253 | £465,000 | 24 LAXTON GARDENS |
12 Oct 2021 | £468,161 | £420,000 | 8 SOUTH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Walnut Avenue |
Jun 2024 | Anti-social behaviour | On or near Laxton Gardens | |
Jun 2024 | Anti-social behaviour | On or near Laxton Gardens | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
Jun 2024 | Anti-social behaviour | On or near Clothall Corner |