£505,060
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Jul 2022. 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 |
|---|---|
| £500,000 | 4 Jul 2022 |
| £250,000 | 6 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,150 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 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £500,000 results in an estimated price of approximately £505,060.
| 4 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £500,000 | £5,060 | £505,060 |
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 | -25.613 % | £-128,066 | £371,933 |
| 3 Month Average | -8.192 % | £-40,959 | £459,040 |
| 6 Month Average | -12.239 % | £-61,194 | £438,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £106,783 | £105,000 | 4 ELMWOOD COURT HIGH STREET |
| 28 Feb 2023 | £93,625 | £93,000 | 30 ELMWOOD COURT HIGH STREET |
| 4 Jul 2022 | £505,061 | £500,000 | 26 THE TENE |
| 14 Jun 2022 | £107,294 | £105,000 | 35 ELMWOOD COURT HIGH STREET |
| 29 Apr 2022 | £726,195 | £700,000 | 21 PINNOCKS LANE |
This house has a floor area of 106 sq meters or 1,150 sq feet when measured on 29 Mar 2012. Using an estimated price of £505,061 means this house is valued at £4,723 per sq meter (£438 per sq foot).
The average size of a house on THE TENE is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near The Orchard |
| Jul 2024 | Anti-social behaviour | On or near High Street | |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |