£394,965
This estimated value is based upon the latest sale price for the house of £71,000 on 20 Sep 1996. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Woodland Way
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
Price Paid | Date |
---|---|
£71,000 | 20 Sep 1996 |
£68,500 | 10 Apr 1995 |
Semi-Detached |
Freehold |
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 September 1996 the House Price Index for HERTFORDSHIRE was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £71,000 results in an estimated price of approximately £394,965.
20 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 149.7 | 456.289 % | £71,000 | £323,965 | £394,965 |
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 | 363.254 % | £257,910 | £328,910 |
3 Month Average | 389.929 % | £276,849 | £347,849 |
6 Month Average | 433.299 % | £307,642 | £378,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £432,319 | £422,500 | 9 WOODLAND WAY |
25 Aug 2023 | £570,795 | £560,500 | 49 LONDON ROAD |
25 Aug 2023 | £238,298 | £234,000 | 8 PAGE CLOSE |
5 Jun 2023 | £321,442 | £315,000 | 43C CHILTERN ROAD |
23 Mar 2023 | £320,350 | £315,000 | 43B CHILTERN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Woodland Way |
Jul 2024 | Burglary | Under investigation | On or near Woodland Way |
Jul 2024 | Anti-social behaviour | On or near Woodland Way | |
Jul 2024 | Anti-social behaviour | On or near Woodland Way | |
Jun 2024 | Anti-social behaviour | On or near Woodland Way |