£407,342
This estimated value is based upon the latest sale price for the house of £305,000 on 29 Jun 2016. 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 |
|---|---|
| £305,000 | 29 Jun 2016 |
| £219,500 | 19 Dec 2013 |
| £206,500 | 31 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,043 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 June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £305,000 results in an estimated price of approximately £407,342.
| 29 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £305,000 | £102,342 | £407,342 |
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 | 15.940 % | £48,615 | £353,615 |
| 3 Month Average | 42.016 % | £128,147 | £433,147 |
| 6 Month Average | 28.085 % | £85,659 | £390,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £506,821 | £500,000 | 1 ARWOOD MEWS |
| 17 Mar 2023 | £105,999 | £105,000 | 4 ELMWOOD COURT HIGH STREET |
| 28 Feb 2023 | £92,937 | £93,000 | 30 ELMWOOD COURT HIGH STREET |
| 29 Jul 2022 | £300,810 | £300,000 | 9 PINNOCKS LANE |
| 15 Jul 2022 | £348,438 | £347,500 | 27 PINNOCKS LANE |
This house has a floor area of 96 sq meters or 1,043 sq feet when measured on 9 Oct 2010. Using an estimated price of £407,343 means this house is valued at £4,201 per sq meter (£390 per sq foot).
The average size of a house on THE TENE is 113 sq meters (1,217 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clothall Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clothall Road |
| Jan 2024 | Anti-social behaviour | On or near Clothall Road | |
| Jan 2024 | Anti-social behaviour | On or near Clothall Road | |
| Jan 2024 | Anti-social behaviour | On or near Clothall Road |