£420,354
This estimated value is based upon the latest sale price for the house of £245,000 on 10 Aug 2012. 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 |
---|---|
£245,000 | 10 Aug 2012 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £245,000 results in an estimated price of approximately £420,354.
10 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £245,000 | £175,354 | £420,354 |
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 | 42.597 % | £104,363 | £349,363 |
3 Month Average | 44.212 % | £108,319 | £353,319 |
6 Month Average | 56.877 % | £139,348 | £384,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £317,248 | £307,500 | 61 PAGE CLOSE |
27 Oct 2023 | £432,319 | £422,500 | 9 WOODLAND WAY |
27 Oct 2023 | £332,553 | £325,000 | 41 MONS AVENUE |
12 Oct 2023 | £317,204 | £310,000 | 43 PAGE CLOSE |
25 Aug 2023 | £570,795 | £560,500 | 49 LONDON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Apr 2012. Using an estimated price of £420,354 means this house is valued at £4,471 per sq meter (£415 per sq foot).
The average size of a house on LONDON ROAD is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near London Road | |
Jul 2024 | Anti-social behaviour | On or near London Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near London Road |
Jul 2024 | Anti-social behaviour | On or near London Road | |
May 2024 | Robbery | Under investigation | On or near London Road |