£421,946
This estimated value is based upon the latest sale price for the house of £84,500 on 12 Sep 1997. 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 |
|---|---|
| £84,500 | 12 Sep 1997 |
| Semi-Detached |
| Freehold |
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 September 1997 the House Price Index for HERTFORDSHIRE was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £84,500 results in an estimated price of approximately £421,946.
| 12 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £84,500 | £337,446 | £421,946 |
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 | 290.786 % | £245,714 | £330,214 |
| 3 Month Average | 395.492 % | £334,190 | £418,690 |
| 6 Month Average | 397.735 % | £336,086 | £420,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £309,583 | £305,000 | 36 MERCIA ROAD |
| 25 Jul 2023 | £457,153 | £451,000 | 15 BUSH SPRING |
| 26 Jun 2023 | £571,928 | £565,000 | 2 BUSH SPRING |
| 20 Jan 2023 | £378,218 | £380,000 | 2 RIVETT CLOSE |
| 17 Jun 2022 | £357,046 | £352,000 | 80 MERCIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Yeomanry Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yeomanry Drive |
| Mar 2024 | Anti-social behaviour | On or near Yeomanry Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mercia Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mercia Road |