£302,028
This estimated value is based upon the latest sale price for the house of £59,000 on 24 Jul 1997. 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 |
|---|---|
| £59,000 | 24 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 1997 the House Price Index for HERTFORDSHIRE was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £59,000 results in an estimated price of approximately £302,028.
| 24 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £59,000 | £243,028 | £302,028 |
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 | 383.930 % | £226,518 | £285,518 |
| 3 Month Average | 392.139 % | £231,362 | £290,362 |
| 6 Month Average | 415.580 % | £245,192 | £304,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £342,551 | £335,000 | 16 WYNN CLOSE |
| 2 Jun 2023 | £290,828 | £285,000 | 16 STANE STREET |
| 27 Jul 2022 | £595,972 | £590,000 | 5 STANE STREET |
| 29 Jun 2022 | £536,468 | £525,000 | 11 STANE STREET |
| 26 Nov 2021 | £212,456 | £195,000 | 24 STANE STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 23 Nov 2021. Using an estimated price of £302,029 means this house is valued at £5,491 per sq meter (£510 per sq foot).
The average size of a house on STANE STREET is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Under investigation | On or near Royston Road |
| Apr 2024 | Anti-social behaviour | On or near Wynn Close | |
| Apr 2024 | Anti-social behaviour | On or near Wynn Close | |
| Apr 2024 | Anti-social behaviour | On or near Wynn Close | |
| Apr 2024 | Anti-social behaviour | On or near Wynn Close |