£398,486
This estimated value is based upon the latest sale price for the house of £395,000 on 18 Aug 2023. 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 |
|---|---|
| £395,000 | 18 Aug 2023 |
| £235,000 | 19 Mar 2014 |
| Terraced |
| 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £395,000 results in an estimated price of approximately £398,486.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £395,000 | £3,486 | £398,486 |
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 | -8.974 % | £-35,447 | £359,552 |
| 3 Month Average | -7.315 % | £-28,894 | £366,105 |
| 6 Month Average | -13.480 % | £-53,244 | £341,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £549,810 | £545,000 | 1 FERNDALE VILLAS |
| 18 Aug 2023 | £398,486 | £395,000 | 14 SOUTH CLOSE |
| 2 Aug 2023 | £337,957 | £335,000 | 24 SOUTH CLOSE |
| 16 Aug 2022 | £254,315 | £255,000 | 12 HEATH HALL HIGH STREET |
| 31 May 2022 | £341,433 | £335,000 | 26 PEMBROKE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Mar 2013. Using an estimated price of £398,486 means this house is valued at £4,580 per sq meter (£425 per sq foot).
The average size of a house on SOUTH CLOSE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinnocks Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
| Feb 2024 | Anti-social behaviour | On or near South Road |