£772,861
This estimated value is based upon the latest sale price for the house of £630,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near Green Lane
More crime details
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £630,000 | 12 Dec 2019 |
| £350,000 | 27 Feb 2003 |
| 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 December 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £630,000 results in an estimated price of approximately £772,861.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £630,000 | £142,861 | £772,861 |
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 | -30.234 % | £-190,476 | £439,523 |
| 3 Month Average | 11.874 % | £74,804 | £704,804 |
| 6 Month Average | 7.851 % | £49,459 | £679,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £558,265 | £550,000 | 4 PHILOSOPHERS GATE |
| 23 Aug 2023 | £1,387,135 | £1,375,000 | ASHFIELD SPRINGHEAD |
| 13 Feb 2023 | £199,866 | £200,000 | FLAT 8 THE MALTINGS GREEN LANE |
| 11 Jan 2023 | £457,843 | £460,000 | 37 STATION ROAD |
| 16 Aug 2022 | £229,383 | £230,000 | FLAT 18 THE MALTINGS GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Philosphers Gate |
| Apr 2024 | Anti-social behaviour | On or near Silver Court | |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Silver Court |