£418,751
This estimated value is based upon the latest sale price for the house of £285,000 on 17 Apr 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 |
|---|---|
| £285,000 | 17 Apr 2015 |
| £65,500 | 15 Aug 1997 |
| £63,500 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 April 2015 the House Price Index for HERTFORDSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £285,000 results in an estimated price of approximately £418,751.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £285,000 | £133,751 | £418,751 |
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 | 67.179 % | £191,459 | £476,459 |
| 3 Month Average | 28.102 % | £80,089 | £365,089 |
| 6 Month Average | 31.634 % | £90,156 | £375,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £374,537 | £370,000 | UNIT 7A BALDOCK INDUSTRIAL ESTATE |
| 31 Mar 2023 | £378,567 | £375,000 | 26 MONS AVENUE |
| 31 Mar 2023 | £429,042 | £425,000 | 29 HILLCREST |
| 24 Mar 2023 | £413,899 | £410,000 | 3 MONS AVENUE |
| 23 Mar 2023 | £289,730 | £287,000 | 21 LONDON ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Feb 2015. Using an estimated price of £418,752 means this house is valued at £3,950 per sq meter (£367 per sq foot).
The average size of a house on ELMWOOD AVENUE is 135 sq meters (1,453 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Elmwood Avenue |
| Mar 2024 | Possession of weapons | Under investigation | On or near Elmwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elmwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |