£601,241
This estimated value is based upon the latest sale price for the house of £485,000 on 9 Aug 2019. 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 |
---|---|
£485,000 | 9 Aug 2019 |
£152,000 | 22 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 165 sq meters or 1,777 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 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £485,000 results in an estimated price of approximately £601,241.
9 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £485,000 | £116,241 | £601,241 |
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 | 2.345 % | £11,371 | £496,371 |
3 Month Average | 9.194 % | £44,592 | £529,592 |
6 Month Average | 9.316 % | £45,181 | £530,181 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £555,010 | £545,000 | 1 FERNDALE VILLAS |
29 Jul 2022 | £303,036 | £300,000 | 9 PINNOCKS LANE |
15 Jul 2022 | £351,017 | £347,500 | 27 PINNOCKS LANE |
31 May 2022 | £343,961 | £335,000 | 26 PEMBROKE ROAD |
29 Apr 2022 | £726,195 | £700,000 | 21 PINNOCKS LANE |
This house has a floor area of 165 sq meters or 1,777 sq feet when measured on 15 May 2010. Using an estimated price of £601,242 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on PINNOCKS LANE is 93 sq meters (1,004 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,777 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near The Orchard |
Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
Apr 2024 | Anti-social behaviour | On or near Pinnocks Close |