£351,095
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Jun 2015. 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 |
---|---|
£240,000 | 8 Jun 2015 |
£186,000 | 23 Nov 2012 |
£186,000 | 29 Nov 2007 |
£128,000 | 30 Aug 2002 |
£55,000 | 30 Sep 1996 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 June 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £240,000 results in an estimated price of approximately £351,095.
8 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £240,000 | £111,095 | £351,095 |
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 | 11.792 % | £28,299 | £268,299 |
3 Month Average | 34.772 % | £83,453 | £323,453 |
6 Month Average | 23.176 % | £55,622 | £295,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £317,204 | £310,000 | 37 SOUTH ROAD |
29 Jun 2023 | £551,043 | £540,000 | 3 LIMEKILN LANE |
2 Sep 2022 | £284,810 | £285,000 | 46 WALNUT AVENUE |
2 Feb 2022 | £491,253 | £465,000 | 24 LAXTON GARDENS |
12 Oct 2021 | £468,161 | £420,000 | 8 SOUTH ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Sep 2012. Using an estimated price of £351,096 means this house is valued at £6,383 per sq meter (£593 per sq foot).
The average size of a house on WALNUT AVENUE is 78 sq meters (842 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Walnut Avenue |
Jun 2024 | Anti-social behaviour | On or near Laxton Gardens | |
Jun 2024 | Anti-social behaviour | On or near Laxton Gardens | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
Jun 2024 | Anti-social behaviour | On or near Clothall Corner |