£617,922
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Dec 2019. 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 |
---|---|
£500,000 | 11 Dec 2019 |
£177,500 | 3 Mar 2006 |
£160,000 | 21 Jun 2004 |
Terraced |
Freehold |
Floor Area: 123 sq meters or 1,323 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 December 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £500,000 results in an estimated price of approximately £617,922.
11 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £500,000 | £117,922 | £617,922 |
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 | -26.104 % | £-130,521 | £369,478 |
3 Month Average | 0.821 % | £4,106 | £504,106 |
6 Month Average | 9.490 % | £47,451 | £547,451 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £401,347 | £392,500 | 2 MANSFIELD ROAD |
18 Sep 2023 | £5,521,716 | £5,399,994 | OSBOURNE COURT NURSING & RESIDENTIAL HOME PARK DRIVE |
30 Aug 2023 | £600,837 | £590,000 | 10 PARK STREET |
27 Apr 2023 | £420,363 | £412,500 | 15 HOLROYD CRESCENT |
27 May 2022 | £246,420 | £240,000 | 23 PARK CRESCENT |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 25 Mar 2015. Using an estimated price of £617,923 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on MANSFIELD ROAD is 95 sq meters (1,027 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Park Crescent | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Park Crescent |
Jul 2024 | Anti-social behaviour | On or near Park Crescent | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |