£228,309
This estimated value is based upon the latest sale price for the house of £98,500 on 22 Aug 2003. 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 |
|---|---|
| £98,500 | 22 Aug 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 400 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 August 2003 the House Price Index for HERTFORDSHIRE was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £98,500 results in an estimated price of approximately £228,309.
| 22 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £98,500 | £129,809 | £228,309 |
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 | 84.272 % | £83,008 | £181,508 |
| 3 Month Average | 80.802 % | £79,589 | £178,089 |
| 6 Month Average | 98.594 % | £97,115 | £195,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £605,256 | £600,000 | 16 ALDER CLOSE |
| 20 Dec 2023 | £505,534 | £490,000 | 22 THE ROWANS |
| 18 Sep 2023 | £5,521,716 | £5,399,994 | OSBOURNE COURT NURSING & RESIDENTIAL HOME PARK DRIVE |
| 1 Sep 2023 | £296,537 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £626,296 | £615,000 | 46 ALDER CLOSE |
This house has a floor area of 37 sq meters or 400 sq feet when measured on 30 Sep 2010. Using an estimated price of £228,309 means this house is valued at £6,140 per sq meter (£570 per sq foot).
The average size of a house on ALDER CLOSE is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Alder Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rowans |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Close |
| Apr 2024 | Anti-social behaviour | On or near Park Close |