£191,708
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Mar 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 |
|---|---|
| £185,000 | 28 Mar 2022 |
| £181,000 | 14 Feb 2017 |
| £110,000 | 1 Nov 2013 |
| £39,500 | 13 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 March 2022 the House Price Index for HERTFORDSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £185,000 results in an estimated price of approximately £191,708.
| 28 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £185,000 | £6,708 | £191,708 |
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 | -17.499 % | £-32,372 | £152,627 |
| 3 Month Average | -27.542 % | £-50,953 | £134,046 |
| 6 Month Average | -17.470 % | £-32,320 | £152,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £205,123 | £202,500 | FLAT 3 14 HITCHIN STREET |
| 16 Feb 2023 | £294,802 | £295,000 | 5 CAMBRIDGE HOUSE, 16 HITCHIN STREET |
| 22 Jul 2022 | £300,810 | £300,000 | 4 HITCHIN STREET |
| 29 Jun 2022 | £294,157 | £290,000 | 8 CAMBRIDGE HOUSE, 16 HITCHIN STREET |
| 29 Jun 2022 | £426,021 | £420,000 | 21 THE GARDENS |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 18 Jul 2013. Using an estimated price of £191,709 means this house is valued at £5,477 per sq meter (£508 per sq foot).
The average size of a house on THE GARDENS is 79 sq meters (851 sq feet).
This house is the smallest in the street with a floor area of 35 sq meters (376 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norton Road |
| Apr 2024 | Anti-social behaviour | On or near Norton Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norton Road |
| Mar 2024 | Anti-social behaviour | On or near Norton Road | |
| Mar 2024 | Anti-social behaviour | On or near Norton Road |