£195,473
This estimated value is based upon the latest sale price for the house of £110,000 on 17 Feb 2006. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £110,000 | 17 Feb 2006 |
| £34,500 | 7 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 February 2006 the House Price Index for HERTFORDSHIRE was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £110,000 results in an estimated price of approximately £195,473.
| 17 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £110,000 | £85,473 | £195,473 |
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 | 49.028 % | £53,930 | £163,930 |
| 3 Month Average | 80.334 % | £88,367 | £198,367 |
| 6 Month Average | 67.407 % | £74,147 | £184,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £309,583 | £305,000 | 36 MERCIA ROAD |
| 31 Aug 2023 | £363,177 | £360,000 | 64 MERCIA ROAD |
| 2 Aug 2023 | £453,971 | £450,000 | 43 WESTELL CLOSE |
| 22 Jul 2022 | £350,945 | £350,000 | 26 WESTELL CLOSE |
| 17 Jun 2022 | £357,046 | £352,000 | 80 MERCIA ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 5 Mar 2019. Using an estimated price of £195,473 means this house is valued at £5,012 per sq meter (£465 per sq foot).
The average size of a house on WESTELL CLOSE is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westell Close |
| 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 |
| 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 |