£391,414
This estimated value is based upon the latest sale price for the house of £216,888 on 3 Aug 2009. 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 |
---|---|
£216,888 | 3 Aug 2009 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,213 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 2009 the House Price Index for HERTFORDSHIRE was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £216,888 results in an estimated price of approximately £391,414.
3 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £216,888 | £174,526 | £391,414 |
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 | 49.286 % | £106,894 | £323,782 |
3 Month Average | 92.742 % | £201,146 | £418,034 |
6 Month Average | 74.659 % | £161,926 | £378,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £507,514 | £500,000 | 7 SOUTH LODGE MEWS |
31 Aug 2023 | £549,810 | £545,000 | 1 FERNDALE VILLAS |
18 Aug 2023 | £398,486 | £395,000 | 14 SOUTH CLOSE |
2 Aug 2023 | £337,957 | £335,000 | 24 SOUTH CLOSE |
29 Jun 2023 | £546,621 | £540,000 | 3 LIMEKILN LANE |
This house has a floor area of 112 sq meters or 1,213 sq feet when measured on 29 May 2009. Using an estimated price of £391,414 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on SOUTH ROAD is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
Feb 2024 | Anti-social behaviour | On or near South Road | |
Feb 2024 | Anti-social behaviour | On or near South Road | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |
Jan 2024 | Anti-social behaviour | On or near Walnut Avenue |