£722,101
This estimated value is based upon the latest sale price for the house of £229,500 on 9 Jan 2002. 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 |
|---|---|
| £229,500 | 9 Jan 2002 |
| £139,995 | 1 Sep 1995 |
| 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 January 2002 the House Price Index for HERTFORDSHIRE was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £229,500 results in an estimated price of approximately £722,101.
| 9 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £229,500 | £492,601 | £722,101 |
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 | 107.710 % | £247,193 | £476,693 |
| 3 Month Average | 176.294 % | £404,595 | £634,095 |
| 6 Month Average | 173.168 % | £397,419 | £626,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £525,532 | £515,000 | 10 SALE DRIVE |
| 25 Feb 2022 | £512,382 | £485,000 | 1 GROSVENOR ROAD |
| 1 Oct 2021 | £445,867 | £400,000 | UNIT 3 ROYSTON ROAD |
| 30 Sep 2021 | £192,689 | £177,500 | 27 DOWNLANDS |
| 10 Dec 2020 | £635,915 | £550,000 | 1 MARQUIS BUSINESS CENTRE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mount |
| Jun 2024 | Drugs | Under investigation | On or near Royston Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road West |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road West |
| Jun 2024 | Public order | Offender given a caution | On or near Grosvenor Road West |