£428,690
This estimated value is based upon the latest sale price for the house of £299,950 on 11 Sep 2015. 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 |
|---|---|
| £299,950 | 11 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2015 the House Price Index for HERTFORDSHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £299,950 results in an estimated price of approximately £428,690.
| 11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £299,950 | £128,740 | £428,690 |
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 | -10.450 % | £-31,345 | £268,604 |
| 3 Month Average | 23.617 % | £70,840 | £370,790 |
| 6 Month Average | 37.200 % | £111,582 | £411,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £383,329 | £380,000 | 4 IREDALE VIEW |
| 25 Aug 2023 | £407,347 | £400,000 | 21 JEVE CLOSE |
| 18 Aug 2023 | £315,694 | £310,000 | 12 IREDALE VIEW |
| 30 Jun 2023 | £352,055 | £345,000 | 19 RYE GARDENS |
| 21 Feb 2023 | £498,329 | £495,000 | 6 EISENBERG CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Apr 2015. Using an estimated price of £428,691 means this house is valued at £6,037 per sq meter (£560 per sq foot).
The average size of a house on IREDALE VIEW is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Rye Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rye Gardens |
| Jun 2024 | Anti-social behaviour | On or near Rhee Spring | |
| Jun 2024 | Anti-social behaviour | On or near Rhee Spring | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rhee Spring |