£374,650
This estimated value is based upon the latest sale price for the house of £295,000 on 3 Nov 2017. 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 |
---|---|
£295,000 | 3 Nov 2017 |
£217,500 | 24 Jan 2014 |
£172,000 | 29 Jun 2005 |
£138,000 | 16 Aug 2002 |
£78,500 | 9 Apr 1999 |
£63,500 | 25 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2017 the House Price Index for HERTFORDSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £295,000 results in an estimated price of approximately £374,650.
3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £295,000 | £79,650 | £374,650 |
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 | 1.853 % | £5,467 | £300,467 |
3 Month Average | 19.066 % | £56,245 | £351,245 |
6 Month Average | 21.386 % | £63,089 | £358,089 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £352,055 | £345,000 | 19 RYE GARDENS |
26 Jun 2023 | £223,479 | £219,000 | 8 ORWELL VIEW |
21 Feb 2023 | £498,329 | £495,000 | 6 EISENBERG CLOSE |
20 Sep 2022 | £359,760 | £360,000 | 3 ORWELL VIEW |
7 Jul 2022 | £353,543 | £350,000 | 4 RHEE SPRING |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Jun 2013. Using an estimated price of £374,650 means this house is valued at £5,853 per sq meter (£543 per sq foot).
The average size of a house on RYE GARDENS is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Rye Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rye Gardens |
Jun 2024 | Anti-social behaviour | On or near Rhee Spring | |
Jun 2024 | Anti-social behaviour | On or near Rhee Spring | |
May 2024 | Violence and sexual offences | Under investigation | On or near Rhee Spring |