£344,622
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Jul 2020. 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 | 21 Jul 2020 |
| £249,950 | 17 Dec 2007 |
| £149,000 | 14 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £285,000 results in an estimated price of approximately £344,622.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £285,000 | £59,622 | £344,622 |
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 | 34.105 % | £97,197 | £382,197 |
| 3 Month Average | 32.522 % | £92,688 | £377,688 |
| 6 Month Average | 9.155 % | £26,092 | £311,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £448,833 | £444,000 | 3 THE RISE |
| 30 Nov 2022 | £444,614 | £450,000 | 1 THE LEAS |
| 17 Jun 2022 | £502,096 | £495,000 | 2 CHILVERS BANK |
| 1 Mar 2022 | £569,944 | £550,000 | 57 WESTON WAY |
| 14 Feb 2022 | £391,163 | £373,000 | 42 WESTON WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Mar 2020. Using an estimated price of £344,623 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on CHILVERS BANK is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near The Glade |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Glade |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Glade |