£159,506
This estimated value is based upon the latest sale price for the house of £110,000 on 14 Jul 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 |
---|---|
£110,000 | 14 Jul 2015 |
£37,000 | 26 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 400 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 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £110,000 results in an estimated price of approximately £159,506.
14 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £110,000 | £49,506 | £159,506 |
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 | 64.523 % | £70,974 | £180,974 |
3 Month Average | 46.237 % | £50,860 | £160,860 |
6 Month Average | 35.623 % | £39,185 | £149,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £200,000 | £200,000 | 12 PEPPER COURT |
28 Sep 2023 | £613,525 | £600,000 | 9 - 15 HITCHIN STREET |
11 Apr 2023 | £278,581 | £273,370 | 15 PEPPER COURT |
16 Feb 2023 | £402,690 | £400,000 | 10 SADDLERS CLOSE |
7 Feb 2023 | £583,900 | £580,000 | 4 SADDLERS CLOSE |
This house has a floor area of 37 sq meters or 400 sq feet when measured on 6 Mar 2012. Using an estimated price of £159,507 means this house is valued at £4,285 per sq meter (£398 per sq foot).
The average size of a house on HIGH STREET is 66 sq meters (714 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Declare Mews |
Jul 2024 | Public order | Under investigation | On or near Declare Mews |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Declare Mews |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Declare Mews |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Declare Mews |